MOL calculates dividend as HUF 485.5 per share
Hungarian oil and gas company MOL yesterday said a dividend it will pay stakeholders on last yearʼs earnings amounts to HUF 485.49 per share. MOL noted that the dividend on 1,530,080 "A" series and 578 "C" series treasury shares will be distributed among the remaining shareholders in proportion to their holdings.
MOL shareholders approved payment of a HUF 50 bln dividend on last yearʼs earnings at an annual general meeting on April 16. The boardʼs proposal was "a continuation of last yearsʼ gradually increasing pay-out trend of the regular dividend payment". MOL had after-tax profit of HUF 120.5 bln in 2014, according to Hungarian Accounting Standards.
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