Gazprom To Raise 2011 Dividend

OAO Gazprom announced its plans to lift its dividend payments to shareholders for 2011 to 198.62 billion rubles ($6.19 billion), or RUB8.39 per share. Gazprom paid dividends of RUB91 billion in 2010. Gazprom's board also approved capital spending of RUB709.60 billion for 2012.