I'm sitting at Rosneft's general shareholders' meeting. In terms of the amount of security, only a G8 summit could rival this event. They've packed half the hall with employees from the central office. Sechin said that dividend payments "have increased and will now amount to 1.92 rubles per share." The bureaucrats applaud in unison. The shareholders are shouting, "Shame!" Is 1.92 per share a lot or a little? In yield terms, that comes to 1.07% annually. In rubles.
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