28.06.2019, 12:15
Gazprom Will Pay the Largest Dividend in Russian History
Source: OREANDA-NEWS
OREANDA-NEWS. According to the results of work in 2018, Gazprom will pay the federal budget the maximum dividend amount for the entire history of the Russian stock market. The head of the company, Alexey Miller, stated this during the annual meeting of shareholders in St. Petersburg, the Russian media correspondent reports. “According to the results of 2018, the board of directors offers to pay record dividends in the amount of 16.61 rubles per share, directing it to 27% of profit under IFRS. In ruble terms, this corresponds to a dividend increase of more than twofold compared with last year”, Miller said.
He noted that the total amount of dividends of Gazprom will reach 383.2 billion rubles. This is the largest dividend amount in the entire history of the Russian stock market and the highest among all companies with state participation. The state owns a controlling stake in Gazprom through the Federal Property Management Agency (38.37%) and Russian Gasification controlled by it (0.89%) and the state holding Russian Oil and Gas (10.97%). Thus, the Federal Property Management Agency with Rosgazifitsiya will receive 150.44 billion dividends, Rosneftegaz - another 42.04 billion rubles.
In addition to the record dividend for 2018, the board of directors proposed setting remuneration for its members who are not civil servants. In accordance with these recommendations, the chairman of the board Viktor Zubkov will receive 32.23 million rubles; Miller, who is his deputy, - 31, 24 rubles; heads of committees at the board of directors - 28.61 million rubles each; ordinary members of the Board of Directors - from 27.62 million to 26.3 million rubles.
At the annual meeting, shareholders will also consider changes to the charter of Gazprom, the provisions on the meeting of shareholders and the board of directors. Including the proposal to expand the provision on the board of directors related to corporate ethics
He noted that the total amount of dividends of Gazprom will reach 383.2 billion rubles. This is the largest dividend amount in the entire history of the Russian stock market and the highest among all companies with state participation. The state owns a controlling stake in Gazprom through the Federal Property Management Agency (38.37%) and Russian Gasification controlled by it (0.89%) and the state holding Russian Oil and Gas (10.97%). Thus, the Federal Property Management Agency with Rosgazifitsiya will receive 150.44 billion dividends, Rosneftegaz - another 42.04 billion rubles.
In addition to the record dividend for 2018, the board of directors proposed setting remuneration for its members who are not civil servants. In accordance with these recommendations, the chairman of the board Viktor Zubkov will receive 32.23 million rubles; Miller, who is his deputy, - 31, 24 rubles; heads of committees at the board of directors - 28.61 million rubles each; ordinary members of the Board of Directors - from 27.62 million to 26.3 million rubles.
At the annual meeting, shareholders will also consider changes to the charter of Gazprom, the provisions on the meeting of shareholders and the board of directors. Including the proposal to expand the provision on the board of directors related to corporate ethics
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