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OTP shareholders approve HUF 46.2 bln dividend

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jessica fejos

Shareholders of OTP today approved the boardʼs proposal to pay a HUF 46.2 billion dividend on last yearʼs earnings, Hungarian news agency MTI reported. The dividend works out to about HUF 165 per share.

(Photo: Jessica Fejos)

Chairman-CEO Sándor Csányi called the Friday event an “extraordinary general meeting” in the sense that it signals the end of the financial crisis for the OTP group. 

Csányi said the Hungarian banking system and OTP are both on a growth path and he expressed hope that it would remain so in the years to come.

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