OREANDA-NEWS. The Annual General Meeting of TNK-BP Holding (TBH)  approved a recommended dividend payment of RUR 22.3bn (USD 861 million and RUR 1.37 per share), consistent with the level of retained earnings reported in the statutory RAS accounts and the cash requirements of the company.

Dividends will be paid to all preferred and ordinary shareholders.

Including the interim dividend of RUR 97bn (RUR 5.95 per share) approved by the Extraordinary Meeting of shareholders held in November 2006, TBH’s annual dividend for 2006 totals RUR 119.3 billion (USD 4.6 billion).