MOSCOW, April 25 (Reuters) - The board of Russia’s largest oil producer Rosneft has recommended full-year 2017 dividend of 10.48 roubles per share, or 50 percent of its annual income, the company said on Wednesday.
This includes 3.83 roubles per share on the first-half 2017 results and 6.65 for the second half of the year. The company’s 2016 dividend payment totalled 5.98 roubles per share.
Total dividend payout will reach 111.1 billion roubles ($1.78 billion) of 222 billion roubles in 2017 net income.
State holding Rosneftegaz owns just over 50 percent in Rosneft, BP has a 19.75 percent stake. ($1 = 62.3250 roubles) (Reporting by Vladimir Soldatkin; editing by Polina Devitt)