Alteo board proposes HUF 130 per-share dividend

Telco

The board of alternative energy company Alteo will propose to shareholders payment of a HUF 130 per-share dividend on last yearʼs earnings at the firmʼs annual general meeting scheduled for April 24, Hungarian news agency MTI reported today.

The dividend fund will come to HUF 254 million provided shareholders approve the proposal.

The board proposed placing the remaining after-tax profit of HUF 756 mln into profit reserves.

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