MOL AGM approves HUF 625 per-share dividend
Shareholders of MOL approved the boardʼs proposal to pay HUF 58 billion in dividends on 2016 results at the Hungarian oil and gas companyʼs annual general meeting on Thursday. Accordingly, the dividend per share could reach HUF 625.
MOL paid a dividend of HUF 567 per share last year.
MOL had total assets of HUF 4.10379 trillion and after-tax profit of HUF 251.66 bln, according to the consolidated annual report approved by the AGM according to International Financial Reporting Standards (IFRS).
The parent company had total assets of HUF 2,981 bln and after-tax profit of HUF 254.39 bln, according to IFRS.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.