Ecopetrol proposes shareholder payout of 70 pct of 2014 profits
March 03, 2015 at 17:55 PM EST
BOGOTA, March 3 (Reuters) - Colombia's state-controlled oil company Ecopetrol will propose distributing 70 percent of its 2014 net profit of 7.5 trillion pesos ($3 billion) as an ordinary dividend at its upcoming shareholder meeting, the company said on Tuesday.
