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Diesel 45.99

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34

Lukoil may boost dividends for 2009

LUKoil said Tuesday that it may boost dividends by 4 percent to 52 rubles a share for 2009.

 

LUKoil said Tuesday that it may boost dividends by 4 percent to 52 rubles a share for 2009. A total of 44.2 billion rubles ($1.52 billion) was allocated for the payout, LUKoil said in an e-mailed statement after a board meeting.

 

That’s equivalent to 21 percent of last year’s net income under U.S. generally accepted accounting principles, the company said.

Source : Bloomberg