Russia’s Gazprom pledges to stick to its dividend policy

FILE PHOTO: Gazprom brand is seen on a gasoline processing column below building at Amur gasoline processing plant, a part of Energy Of Siberia mission outdoors the far japanese city of Svobodny, in Amur area, Russia November 29, 2019. REUTERS/Maxim Shemetov.

MOSCOW (Reuters) – Russian gasoline big Gazprom GAZP.MM stated on Tuesday it plans to maintain up its dividend coverage however any market situations.

The state-controlled firm has pledged to pay at least half of its adjusted web revenue in dividend.

Reporting by Vladimir Soldatkin and Maxim Rodionov; enhancing by Jason Neely

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