SIBUR increased dividend payout from 35% to 50%
24.03.2021
MOSCOW (MRC) -- SIBUR's Board of Directors has approved a new Regulation on Dividend Policy increasing the minimum dividend payout ratio from 35% to 50% of adjusted net profit under IFRS, said the company.The new policy applies to reporting periods starting from 1 July 2020. The policy matches the industry average global benchmarks of major petrochemical businesses, with the new ratio ref