Russia's Novatek Recommends 1H Dividend Of 6.95 rbls Per Share
MOSCOW, Aug 25 (Reuters) - The board of Russia's largest non-state gas producer Novatek has recommended a first-half dividend payment of 6.95 roubles per share, 0.7 percent higher than in the previous year, the company said on Friday.
The total payout stands at 21.1 billion roubles ($356.7 million), Novatek said.
The company also obtained new licenses for the Yamal and Gydan peninsulas in Russia's Arctic region.
($1 = 59.1460 roubles)
(Reporting by Vladimir Soldatkin; Editing by Jack Stubbs)
WHAT DO YOU THINK?
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.