Elmű will allocate the company’s entire 2010 post-tax profit of HUF 7.48 billion and an additional HUF 2.85 billion from profit reserves toward the dividend payment.

Elmű, whose shares trade in the B-category at the Budapest Stock Exchange, paid a dividend of HUF 2,100 per share last year.

Germany’s RWE holds 55.25% and EnBW owns 27.25%. State-owned Hungarian Electricity Works MVM holds 15.18% of the shares.