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

|About: YPF Sociedad Anonima (YPF)|By:, SA News Editor

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.