Sberbank has become the most valuable company in Russia

At the time of this publication (16:01 Moscow time), Rosneft’s capitalization was 5.973 trillion rubles at 563.15 rubles per share. The total value of Sberbank securities at that time was 5.975 trillion rubles at 276.66 rubles per share.

On the morning of January 10, the oil company’s shares lost 6.2% of their value due to the dividend gap: this is the name of the significant price gap between the price of a security in the period between the closing and the opening of the negotiation. .

Forbes noted that January 10 was the deadline for dividend payments for the three quarters of 2024. During this period, shareholders will receive 36.47 rubles per share or a yield of 6.3%.

Analysts at Alfa Investments claim that Rosneft’s previous dividend gaps were closed on average in 130 days, and if we exclude payments in 2024, the average period will be reduced to two months.

Experts noted that in a neutral scenario, closing the current gap could take about three months. If the stock market as a whole grows, Rosneft will be able to close the gap in less than one or two months, they said.

In December 2024, Rosneft surpassed Sberbank in market capitalization and became the most valuable company in Russia. The credit institution received this status for the first time in November 2016, surpassing the oil company in terms of the total value of its shares.