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SIBUR pays dividend of RR 2.93 per share in H1
29
Oct '13
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.

About SIBUR

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.

SIBUR


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