Russia’s Rosneft distributes record profits

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Reuters

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The Russian oil company, “Rosneft”, ended the distribution of dividends for the first half of 2021 to shareholders ahead of schedule, and the company said that 191.04 billion rubles (about 2.69 billion dollars) were spent.

The amount distributed is a record for temporary payments to the company, which is one of the largest Russian oil companies.

According to a statement issued by “Rosneft”, the dividend distribution was completed on November 10, while the deadline set by the shareholders was November 17.

The Russian company distributes profits twice a year, based on the policy of distributing profits to shareholders.

Source: TASS

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