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Argentina's recently nationalized oil and gas company YPF (YPF +2.6%) will pay out just 5.7% of...

Argentina's recently nationalized oil and gas company YPF (YPF +2.6%) will pay out just 5.7% of 2011's profits as dividends, in contrast with recent years when payouts surpassed 80%. YPF plans to invest ~$7B/year during 2013-17 in an ambitious plan to boost declining output.
Comments (1)
  • SA Editor Stephen Alpher
    , contributor
    Comments (546) | Send Message
     
    In an ambitious plan ... to pad payrolls at shareholder expense :)
    18 Jul 2012, 11:56 AM Reply Like
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