Shareholders of Surgutneftegaz (MCX:SNGS) approved dividends of 4.73 rubles per preferred share and 0.8 rubles per ordinary share at the annual meeting in absentia, the company said in a statement. The date on which the persons entitled to receive dividends are determined is July 20.

The net profit of Surgutneftegaz according to RAS for 2021 amounted to 513.22 billion rubles. Thus, the company will allocate about 12.7% of profits to dividends.

For 2020, Surgutneftegaz paid dividends in the amount of RUB 6.72 per preferred share and RUB 0.7 per ordinary share, while about 10.5% of RAS profit was allocated to dividends for 2020.

The authorized capital of Surgutneftegaz is 43 billion 427 million 992 thousand 940 rubles, it is divided into 35 billion 725 million 994 thousand 705 ordinary shares and 7 billion 701 million 998 thousand 235 preferred shares with a nominal value of 1 ruble.