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Statoil (STO) Q4 Net Income Improves to NOK 25.5B; Proposes Dividend Increase

February 8, 2012 7:17 AM EST
STO Hot Sheet
Today's EPS Names:
TARO, BRLI, TLB, More
Statoil (NYSE: STO) reports Q4 net income of NOK 25.5 billion, versus NOK 9.7 billion reported for the same period a year ago.

The board of directors is proposing a dividend of NOK 6.50 per share for 2011. Compared to 2010, when the dividend was NOK 6.25, this is an increase in line with our dividend policy.


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