SAO PAULO Brazil's state-run oil company Petrobras said on Thursday it will pay dividends of 1.893577 reais per share, totaling 24.7 billion reais ($4.94 billion).

The company will pay a first installment to shareholders on August 18, while the second will be paid on September 20.

($1 = 5.0033 reais)

(Reporting by Carolina Pulice and Peter Frontini; Editing by David Alire Garcia)