17 Dec 2012 15:38

Gazprom Neft plans to increase dividends after 2016 - CFO

MOSCOW. Dec 17 (Interfax) - Gazprom Neft plans to increase dividends after 2016, the company's chief financial officer, Alexei Yankevich, said during Day of the Investor.

"In the next few years, Gazprom Neft dividend policy will hold, and after 2016 it will be possible to increase dividends. As you know, dividend yield is not at a bad level now - 22% of net profit - and this trend will continue for the time being. And we are seriously thinking about paying interim dividends," he said.