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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.

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