24 May 2011 17:07

Transneft may pay 132.34 rubles per ordinary share, 314.73 rubles per pref for 2010

MOSCOW. May 24 (Interfax) - The board of directors at Russian oil pipeline company Transneft decided on May 24 to recommend company shareholders vote for 2010 dividends of 132.34 rubles per ordinary and 314.73 per preferred share.

The total payout would be 1,223,435,540.73 rubles - or 734,069,731,980 rubles for the 5,546,847 ordinary Transneft shares and 489,365,808.75 rubles for the company's 1,554,875 prefs.