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Nexen Corporation Declares Annual Cash Dividend for FY 2012


Thursday, 21 Feb 2013 01:57am EST 

Nexen Corporation announced that it has declared its fiscal year 2012 annual cash dividend of KRW 400 per share of common stock and KRW 450 per share of preferred stock, payable on April 19, 2013 to shareholders of record on December 31, 2012. The dividend rates of market price are 0.5% (for common shares) and 2.2% (for preferred shares) respectively, and the total cash dividend amount is KRW 2,189,133,800. The Company's annual cash dividend for the fiscal year 2011 was KRW 350 per share of common stock and KRW 400 per share of preferred stock.