Spain: Repsol Approves Interim Dividend
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Thursday, 26 November 2009 |
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Repsol’s board of Directors have approved a gross interim dividend of €0.425 per share from the 2009 earnings.
The dividend will be paid on December 22nd allowing shareholders to
benefit from the better fiscal conditions related to dividend payouts
applicable this year. Repsol, Chairman Antonio Brufau stressed
that “the dividend makes compatible the company's policy of an
appropriate shareholder return with the necessary investments for
continued growth.”
The interim dividend represents 81% of that paid from 2008 earnings and
is in accordance with the current environment marked by lower crude oil
prices and industry earnings. In the last five years Repsol has
significantly increased its dividend.
PetrolWorld 261109
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