OAO TNK-BP Holding (TNBP), the traded assets of BP Plc (BP/)’s joint venture with a group of Russian billionaires, plans to pay a full-year dividend of 9.96 rubles (32 cents) per common and preferred share for 2011.
That’s in addition to the 3.41 rubles a share TNK-BP Holding paid out for the first half of 2011, the Moscow-based company said in a regulatory filing today.
Shareholders will vote on the issue at a June 28 meeting. If approved, the total payout for 2011 will reach 207 billion rubles ($6.7 billion), according to the statement.
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