Support The Moscow Times!

Gazprom May Raise Payouts

Gazprom may raise its dividend payout ratio from the current 17.5 percent of profit based on Russian accounting standards, Vedomosti reported Monday, citing a company source.

The management board may agree this month on a new formula that will raise the total payout, leaving 17.5 percent of profit as the bottom of the range, the newspaper said.

(Bloomberg)


Read more

We need your help now more than ever.

Independent media outlets and journalists in Russia are being increasingly targeted with “foreign agent” and “undesirable” labels, threatening the existence of the free press day by day.

Your donation to The Moscow Times directly supports the last independent English-language news source within Russia.