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MOL board proposes HUF 625/share dividend

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The board of Hungarian oil and gas company MOL will propose to shareholders payment of a HUF 625-per-share dividend on last yearʼs earnings at an annual general meeting on April 13, Hungarian news agency MTI reported.

The dividend is 10% above the HUF 567-per-share paid on 2015 earnings, the board noted.

The total dividend payout will come to HUF 58 billion.

MOLʼs consolidated IFRS net income was HUF 263.5 bln last year.

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