MOL board proposes HUF 625/share dividend

Telco

wikimedia commons

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.

ADVERTISEMENT

Croatia Paying MOL USD 235 mln Award Energy Trade

Croatia Paying MOL USD 235 mln Award

3-day Strategic Cabinet Meeting Slated for Coming Week Government

3-day Strategic Cabinet Meeting Slated for Coming Week

OXO Technologies Looks for New HQ Elsewhere in EU Innovation

OXO Technologies Looks for New HQ Elsewhere in EU

Hungary Adopting Performance-based Financing for Arts Art

Hungary Adopting Performance-based Financing for Arts

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
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.