Petrobras approves dividend payment of $349m - filing
Petroleumworld 11 07 2018
Brazilian oil company Petroleo Brasileiro SA said it has approved a dividend payment of 1.3 billion reais ($348.90 million), equal to 0.10 cents of real per share, after releasing strong third-quarter results on Tuesday.
In a securities filing, Petrobras, as the Brazilian oil company is known, said the divident payment has been scheduled for Dec. 3. ($1 = 3.7260 reais)
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