Russian natural gas monopoly OAO Gazprom (GAZP.RS) said Thursday its management has approved a new dividend policy, which sees the limit of dividend payments increase to 35% of the company's net profit from 30% previously.
Russian natural gas monopoly OAO Gazprom (GAZP.RS) said Thursday its
management has approved a new dividend policy, which sees the limit of dividend
payments increase to 35% of the company's net profit from 30% previously.
The new dividend policy, which is yet to be approved by Gazprom's board, sets
dividend payments of at least 17.5% of the company's net profit.
"Shareholders' interests are at the center of all decisions of the
company", Gazprom's Chief Executive Alexei Miller said.
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