MOL shareholders approve HUF 50 bln dividend

Telco

Shareholders of Hungarian oil and gas company MOL approved payment of a HUF 50 bln dividend on last yearʼs earnings at an annual general meeting today, Hungarian news agency MTI reported.

The boardʼs proposal was "a continuation of the 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.

ADVERTISEMENT

Gloster H1 Revenue Climbs 24% Figures

Gloster H1 Revenue Climbs 24%

V4 Agri Officials: WTO Case Over Grain Bans 'Unfortunate' Int’l Relations

V4 Agri Officials: WTO Case Over Grain Bans 'Unfortunate'

AutoWallis Green Investment Project Value Reaches HUF 3 bln Automotive

AutoWallis Green Investment Project Value Reaches HUF 3 bln

Budapest Muni Council Clears Rác Baths Renovation Tourism

Budapest Muni Council Clears Rác Baths Renovation

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.