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.
SIBUR is a uniquely positioned vertically integrated gas processing and petrochemicals company. SIBUR owns and operates Russia’s largest gas processing business in terms of associated petroleum gas processing volumes and is a leader in the Russian petrochemicals industry.
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