March 13, 2018 / 12:43 PM / 9 months ago

REFILE-Russia's Novatek says 2017 dividend seen at 8 roubles/share

(Adds missing word dividend in headline)

MOSCOW, March 13 (Reuters) - The board of Russia’s largest non-state gas producer Novatek has recommended to pay 8.0 roubles($0.1407) per ordinary share in 2017 dividends, the company said on Tuesday.

The amount of dividends did not include the interim dividends of 6.95 roubles per ordinary share the company paid for the six months’ profit earlier in 2017.

Novatek said ‍total recommended dividend payout for 2017 was 45.39 billion roubles, in line with company’s dividend policy of distributing no less than 30 percent of consolidated net profit among shareholders. ($1 = 56.8517 roubles) (Reporting by Andrey Osroukh Writing by Polina Nikolskaya Editing by Andrey Ostroukh)

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