Dividend Policy of «KazTransOil» JSC was confirmed by resolution of the Sole Shareholder on 03.07.2012 (minutes of the meeting of the management Board of «KazMunayGas» JSC NC #75).
Dividend Policy of the Company is based upon observance of balance of interests of the Company and its shareholders, and on necessity to enhance capitalization and investment attractiveness of the Company.
Dividend policy stipulates the sum on dividends payment at the level not lower than 40% of Company’s net income. The factual size of dividends shall achieve or exceed 100% of net income of the Company, if this does not contradict to Company’s liabilities.
The Management Board reserves the right to offer the level of dividend payments lower than 40%, based on the actual results of the Company for the financial year, an industry-wide dynamics of development and the program of capital (investment) costs of the Company.
The Board of Directors of the Company during preparation of proposals on distribution of net income of the Company upon quarterly or semi-annual resultsassumes that the amount available for dividend payment is not less than 10% of the net profit of the Company for the relevant financial period. In the case of payment of quarterly or semi-annual dividends, the amount of actual interim payments is taken into account in the payment of dividends for therelevant financial period.
Dividends paid by the Company in cash.
Dividend payment period shall be set by the General Meeting of Shareholders in the decision on dividends payment.
Payment of Dividends for Previous Years
|
The period for which dividends are paid
|
Date of the Annual General Meeting of Shareholders
|
List of shareholders entitled to receive dividends fixed as of
|
Dividend per share, KZT
|
Amount of payment, KZT
|
Dividend payment start date
|
|
01.01.12 - 31.12.12
|
28.05.2013
|
12.00 a.m., 13.06.2013
|
75
|
28,847,669,925.00
|
04.07.2013
|
|
01.01.13 - 31.12.13
|
28.05.2014
|
12.00 a.m., 13.06.2014
|
109
|
41,925,280,291.00
|
03.07.2014
|
|
01.01.14 - 31.12.14
|
20.05.2015
|
12.00 a.m., 27.05.2015
|
120.71
|
46,429,363,155.29
|
10.06.2015
|
|
01.01.15 - 31.12.15
|
27.05.2016
|
12.00 a.m., 11.06.2016
|
133
|
51,156,534,667.00
|
27.06.2016
|
|
01.01.16 - 31.12.16
|
25.05.2017
|
12.00 a.m., 14.06.2017
|
155
|
59,617,355,345.00
|
27.06.2017
|
|
01.01.17 - 31.12.17
|
24.05.2018
|
12.00 a.m., 12.06.2018
|
160
|
61,540,495,840.00
|
26.06.2018
|
|
01.01.18 - 31.12.18
|
28.05.2019
|
12.00 a.m., 05.06.2019
|
104
|
40,001,322,296.00
|
03.07.2019
|
|
01.01.19 - 31.12.19
|
27.05.2020
|
12.00 a.m., 03.06.2020
|
118
|
45,386,115,682.00
|
18.06.2020
|
|
01.01.20 - 31.12.20
|
26.05.2021
|
12.00 a.m., 11.06.2021
|
132
|
50 770 909 068,00
|
18.06.2021
|
|
01.01.21 - 31.12.21
|
19.05.2022
|
12.00 a.m., 01.06.2022
|
26
|
10 000 330 574,00
|
13.06.2022
|
|
01.01.22 - 31.12.22
|
24.05.2023
|
12.00 a.m., 05.06.2023
|
39
|
15 000 495 861,00
|
13.06.2023
|
The Company does not have any obligation to provide interested persons the documents legally translated into English or any other language. Documents posted on the website in English, are not legal translation.
Site users must use the translated documents only to get an idea about the content of the Company approved documents placed on the website in Kazakh and / or Russian.
The Company shall not be held responsible for the correctness of the findings of the person concerned as to the correctness and completeness of the translation of documents into English, as well as conclusions on the rights of the person concerned and / or obligations of the Company, made on the basis of the documents posted on the website in English.
