Russian Firms Up Dividends

摘要

Novatek and Tatneft have both approved higher interim dividend payments against a backdrop of improving macroeconomic conditions in Russia.Novatek shareholders approved a 33.1% hike in the interim dividend to 9.25 rubles/share (14￠/share),totaling 28.1 billion rubles ($430 million),for the first half of 2018.