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KazMunaiGaz Pays $947 Million Dividend to Sovereign Wealth Fund

KazMunaiGaz National Co., Kazakhstan’s state energy producer, paid 142 billion tenge ($947 million) in 2011 dividends to the sovereign wealth fund Samruk-Kazyna, its owner.

KazMunaiGaz paid 293.35 tenge a share on Sept. 14, the Astana-based oil and gas producer said today in a statement on the Kazakhstan Stock Exchange website. The company’s 484 million ordinary shares are all held by Samruk-Kazyna, according to the bourse’s website.