Gazprom announces it is leader in dividend payments

Gazprom has announced its leadership on dividends among Russian public companies. Gazprom’s head Alexei Miller said at the annual meeting: "Gazprom will provide the largest dividend payments among the Russian public companies both in absolute value and in terms of the budget revenue".

It was reported that Gazprom planned to pay dividends for 2015 at the rate of 7.89 rubles per share. "This recommendation provides an optimum balance of dividends and investments in the business development and meet our obligations to comply with the interests of shareholders," - said Miller. On the whole, this is 187 billion rubles and 94 billion rubles on the shares of Federal Property Management Agency and Rosneftegaz.