An extraordinary gathering of Lukoil shareholders approved a dividend payment of 537 rubles per share from retained earnings for 2021, along with a cash dividend of 256 rubles per share for the period January through September 2022. This update was reported by TASS, citing the company’s press service. [TASS]
Shareholders entitled to receive dividends were identified as of December 21, 2022. Nominee holders are slated to receive payments no later than January 10, 2023, while other registered shareholders are scheduled to be paid by January 31, 2023.
Trading data from the Moscow Exchange showed Lukoil securities closing the trading day on December 5 at 4,629 rubles per share.
In another development, Gazprom’s press service announced that shareholders convened at an extraordinary meeting to approve the first interim dividend in the holding’s history for the first half of 2022. The payment amount is set at 51.03 rubles per share.
Rusal’s Board of Directors, in the latter part of August, proposed that shareholders receive a dividend at the rate of 0.02 USD per common share for the first half of 2022.
These corporate actions illustrate how major Russian energy and metal companies balance retained earnings with investor returns, signaling a pattern of shareholder value distribution even amid fluctuating market conditions. The announcements reflect board decisions across different sectors, each anchored in the firms’ financial performance and strategic outlook for the year. [TASS] [Gazprom press service] [Rusal Board release]