OREANDA-NEWS. OAO SIBUR Holding shareholders approved dividends for the first half of 2013 at the Extraordinary General Shareholders Meeting held on 25 October 2013.
Dividends will be paid in the amount of RR 2.93 per share. Total dividend payment will be RR 6,382,943,763, equivalent to 25% of the company’s net profit under International Financial Reporting  standards (IFRS).
The company paid dividends of RR 3.4 per share for the first half of 2012.
SIBUR’s dividend policy targets dividend pay-out ratio of approximately 25% of consolidated net profit under IFRS.