Rus News Journal

Bashneft will pay record dividends for 2008 - almost 10 mlrd rub

Shareholders of Open Society Bashneft today at annual meeting have made decision to pay dividends following the results of 2008 at a rate of 48,82 roubles on each kind of actions taking into account dividends following the results of 9 months 2008 at a rate of 34,18 roubles. Thus, in addition to the dividends declared following the results of 9 months, 14,64 roubles on everyone ordinary and the preference share by face value 1 rouble will be paid. Dividends will be paid till December, 31st, 2009.

an authorised capital stock Bashnefti makes 204 million 792,44 tys actions (170 million 169,754 tys ordinary and 34 million 622,686 thousand preference shares). Thus, the company can direct on dividends for 2008 9 mlrd 997,966 million rbl.

These dividends become the highest in the history of the company and will break the previous record registered dividendnymi by payments for 2007 - then the company was limited to payment of intermediate dividends for I half-year 2007 at a rate of 16,31 roubles on ordinary and exclusive actions. As a whole on dividends for 2007 the company has directed 3,34 mlrd rbl.

As was informed earlier, Bashneft in 2008 has lowered net profit on RSBU in 2008 on 17 % in comparison with last year - to 10,8 mlrd rbl. the Gain has grown on 20 % and has made 121,9 mlrd rbl.