Argentina's Petrobras unit to pay cash dividend

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BUENOS AIRES | Mon Nov 23, 2009 12:50pm EST

BUENOS AIRES Nov 23 (Reuters) - Petrobras Energia, the Argentine unit of Brazil's Petrobras SA (PETR4.SA), said on Monday that it would pay a cash dividend of 268.8 million pesos ($70.5 million) for the fiscal year ended Dec. 31, 2008.

The company will pay about 0.266 pesos per outstanding share beginning on Nov. 30, according to a statement it sent to the Buenos Aires Stock Exchange. (Reporting by Walter Bianchi; Writing by Vivianne Rodrigues; editing by John Wallace) ((buenosaires.newsroom@reuters.com; +54 11 4318-0633; Reuters Messaging: walter.bianchi.reuters.com@reuters.net))

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