Russia’s Rosneft to keep dividend yield at 8.5%

February 10, 2014

Russian oil major Rosneft will keep its dividend yield at 8.5%, CEO Igor Sechin told Prime on February 7.

“If someone buys Rosneft shares now, their annual yield amounts to 8.5%, and this is one of the world’s highest. We will try to keep this dynamics,” Sechin said.

The company said earlier that it will raise the dividends for 2013 by 60% to 12.86 rubles per share.

Copyright: Prime, 2014