Gazprom 2016 Dividend Payout To Be No Less Than Last Year

Reuters

MOSCOW, May 17 (Reuters) - Russian gas giant Gazprom will pay at least the same amount in dividends on 2016 results as the year earlier, TASS news agency quoted Russian Deputy Prime Minister Arkady Dvorkovich as saying on Wednesday.

Gazprom's management board has recommended paying 7.89 roubles ($0.1390) per share in 2016 dividends, unchanged from the previous year.

The company's board of directors is expected to issue its dividend recommendation for approval by shareholders on Thursday.

(Reporting by Maria Kiselyova; writing by Vladimir Soldatkin)

Copyright 2017 Thomson Reuters. Click for Restrictions.

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