When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
OGZPY - Gazprom Is A Dividend Aristocrat With 13%+ Yield Right Now
PJSC Gazprom ADR
Thanks to the dividend policy approved in 2019, Gazprom will pay hefty dividends (13-16% of the current price) starting from 2022.
Gazprom's cash flow secures dividends; it used to pay less due to the low payout ratio (about 25% against the current 50% of net profit).
The company and the consensus set too conservative gas sales prices in Europe for 2021, revision of the expected gas price will drive the growth of Gazprom's quotes.