Divindends of KMG EP for 2012 can be $740 million
Edited by Rhod Mackenzie / 2013-04-18 02:24:09
The Board of Directors of Kazmunai Gas Exploration & Production has recommended to the shareholders to agree the dividends for 2012 at a rate of 1,619 tenges per equal and preference share, that is equivalent to 110 billion tenges ($740 million). The dividends for 2011 were 1,300 tenges per share, that was 91 billion tenges in the total ($615 million ). In case of agreement by the annual shareholders meeting, payment of the annual dividends for 2012 will be performed on the basis of the shareholders registry for May 31 2013, and will start on July 1 2013.
