The Annual Meeting of Shareholders of PJSC NOVATEK decided to pay dividends based on the results of 2024. The total dividend payments for 2024 will amount to 82.15 rubles per ordinary share, including interim dividends paid based on the results of the first half of 2024 in the amount of 35.5 rubles. per share. The total amount of accrued (payable) income is 141.6 billion rubles. This is stated in the company's message.
The date on which the persons entitled to receive dividends are determined is April 28, 2025. The dividends will be paid in cash no later than June 6, 2025.
The shareholders had previously decided to pay dividends based on the results of 2023. Total dividend payments are 78.59 rubles per ordinary share, including interim dividends paid based on the results of the first half of 2023 in the amount of 34.5 rubles per ordinary share.
NOVATEK's board of directors also recommended that shareholders pay dividends for the first half of 2023 in the amount of 104.75 billion rubles at the rate of 34.5 rubles. per share. The shareholders approved the payments.
PJSC NOVATEK is an independent producer of natural gas in Russia. Established in 1994, the company is engaged in the exploration, production, processing and sale of gas and liquid hydrocarbons. NOVATEK's fields and licensed areas are located primarily in the Yamalo-Nenets Autonomous Okrug.
The normalized profit attributable to the shareholders of PJSC NOVATEK, excluding the effect of exchange differences, amounted to 553.4 billion rubles in 2024, which is 4.6% higher than in 2023. Revenue from sales and normalized EBITDA, including the share of joint ventures in EBITDA, amounted to 1.546 trillion rubles and 1.008 trillion rubles, respectively, an increase of 12.7% and 13.2%.
