TNK-BP Holding to pay over $2 billion in Q4 2010 dividend

May 23, 2011 | Budget & Investment, North Sea & Western Europe

TNK_BP

The board of TNK-BP Holding , the traded entity of the Russian oil company half owned by BP, recommended an additional 2010 dividend of 3.85 roubles per share, or around $2.11 billion in total.

TNK-BP said in a statement the quarterly dividend will be paid on top of the 8.04 roubles per share for the first nine months of 2010, approved by a shareholders meeting in November.