The Board of Directors of “Gazprom” approved the recommendation to pay for 2019 at 15.24 per share
The Board of Directors of “Gazprom (MCX:GAZP)” in absentia endorsed the recommendation of the Board to pay dividends for the year 2019 in the amount of 15,24 RUB per share, said the Issuer.
This is somewhat lower than the company paid in 2018 – 16,61 RUB.
The list of shareholders to receive dividends will be compiled according to the register on July 16.
Total payments could reach 360,784 billion rubles, which is 30% of net profit according to IFRS for the year 2019 – this year without adjustments for non-cash items.
Gazprom has adopted a new dividend policy at the end of last year. It provides for the course on payment of 50% of IFRS net profit adjusted for non-cash items. In 2020 it is planned to direct on dividends not less than 30% of the profit in 2021 of 40% and 50% in 2022.
The authorized capital of PJSC “Gazprom” consists of 23,674 billion ordinary shares. The state controls more than 50% of the shares directly (a 38.37%) and through state-owned companies JSC “Rosneftegaz” (10,97%) and “Rosgazifikatsiya” (0,89%).