Source Pravda.Ru

Surgutneftegaz Not Going To Pay Large Dividends

The oil and gas company Surgutneftegaz is not going to pay large dividends to its shareholders, Alexander Sinenko, advisor to the company's general director, announced in an interview with Uralinformburo. He also noted that a number of owners of preferred shares were dissatisfied with the dividend policy of Surgutneftegaz and even filed a suit against the company once. However, the court ruled in favor of Surgutneftegaz.