Rosneft to maintain dividends at 25% of net profit despite oil price fall

Rosneft will maintain the dividend at 25% of the company’s income under the International Financial Reporting Standards (IFRS), despite the drop in oil prices, Rosneft CEO Igor Sechin told journalists Thirsday.

Rosneft will maintain the dividend at 25% of the company’s income under the International Financial Reporting Standards (IFRS), despite the drop in oil prices, Rosneft CEO Igor Sechin told journalists Thirsday.

"If you mean the share of the payments, it does not affect it," he said, answering the question about the impact of the sharp decline in oil prices on the company's dividends.

First published by TASS.

 

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