The Rosneft Board of Directors recommended to the shareholders’ meeting to pay dividends for 2021 in the amount of 23 rubles. 63 kopecks per share. A total of 441.5 bln rubles of dividends will be paid. On the news of this, the company’s shares rose by 3%.

A press release on Rosneft’s website says that 50% of the company’s IFRS net profit will be used for dividends. The total dividend per share for 2021 will amount to 41 rubles. 66 kopecks.

Rosneft’s annual shareholders meeting, at which the dividend payment is to be approved, will be held in the form of absentee voting on June 30.