Shareholders “Gazprom” will receive record dividends

“Gazprom” will pay for the year 2018 in the form of dividends 383,2 billion, or 27% of net profit, said at the annual meeting the Chairman of the Board of the company Alexey Miller. Half of this amount (more than 190 billion rubles) receive state. This is the maximum amount of dividends for all history of the Russian stock market.

“The results of 2018 the Board of Directors proposes to pay record-high dividends — 16 rubles 61 kopecks per share, giving it 27% of profit under IFRS. In rouble terms this corresponds to a dividend increase of more than 2 times compared to last year”,-said the Chairman of the Board of PJSC “Gazprom” Alexey Miller during the annual meeting of shareholders in St. Petersburg.

“In the future we expect a gradual transition to the payment of dividends at 50% of IFRS net income,” added Miller.

The head of “Gazprom” also said that in 2018, the holding not only set a historical record for deliveries in the far abroad, but also increased its market share to 36.8%.

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