The Board of Directors of Tatneft recommended paying dividends for the third quarter

The Board of Directors of Tatneft recommended paying dividends for the third quarter

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The Board of Directors of Tatneft recommended paying dividends in the amount of 6.86 rubles. per ordinary and preferred share in the third quarter of 2022. This was reported press office companies.

An extraordinary meeting of shareholders of the company is scheduled for December 22. The register of persons entitled to receive dividends will be closed on January 10, 2023.

Against the backdrop of news about dividends, Tatneft shares on the Moscow Exchange rose by 1.65% to 381.7 rubles. per share by 11:04 Moscow time.

At the beginning of November the company informedthat in January-September its net profit amounted to 184 billion rubles. according to RAS, which is 49.3% more than a year earlier. Its revenue grew by 31% to RUB 997.4 billion. According to the company’s dividend policy, at least 50% of profits under RAS or IFRS are allocated for dividend payments. Earlier, Tatneft paid dividends for the first half of the year in the amount of 32.71 rubles. for common and preferred shares.

Olesya Pavlenko

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