Markets
Russia's Gazprom proposes 2018 dividend hike to 16.61 rbls/share
MOSCOW: Russian gas producer Gazprom's management board on Tuesday proposed a 2018 dividend payout of 16.61 roubles
MOSCOW: Russian gas producer Gazprom's management board on Tuesday proposed a 2018 dividend payout of 16.61 roubles ($0.25) per share, up from a previous proposal of 10.43 roubles.
Gazprom shares soared to a seven-year high of 177.23 roubles, up more than 8% on the day, following the dividend announcement.
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