The dividend fund comes to HUF 26.1 billion, to be paid from HUF 37.7 bln of after-tax profit. Payment of the dividend will start on May 24. The record date for the dividend is May 15.
Deutsche Telekom holds a 59.21% stake in Magyar Telekom, while other foreign institutional investors hold 20.1%. Domestic natural persons hold 9.45%, and domestic institutional investors 4.1% of the companyʼs shares. MTel is listed in the Equities Prime section of the Budapest Stock Exchange (BÉT).
CFO János Szabó said the company expects to pay a HUF 27 per-share dividend on this yearʼs earnings, “based on the current and projected operating and regulatory environment.”
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