Russia's second-largest oil producer Lukoil (LKOH.RS) is considering a 10.5% increase in its 2007 dividend payout to 42 rubles per share, the Interfax news agency reported Tuesday, citing an unnamed source close to Lukoil's Board of Directors.
Last year, shareholders receive a dividend payout for 2006 of RUB38/shr, up 15% from 2005, which represented a total payment of RUB32.32 billion for the year.
A decision on Lukoil's 2007 dividend payout will be decided at the company's general assembly on April 24, Interfax said.