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Richter board proposes HUF 106-per-share dividend

Telco

The board of Hungarian drugmaker Gedeon Richter will propose to shareholders payment of a HUF 106-per-share dividend on last yearʼs earnings at a general meeting on April 26, the AGM agenda published Friday shows, as reported by state news agency MTI.

Last year, shareholders approved payment of a HUF 72-per-share dividend on 2015 earnings.

The dividend payment comes to about HUF 19.8 billion, MTI-Econews calculated.

Richter had consolidated IFRS net income of HUF 63.3 bln last year, a preliminary earnings report released in February shows.

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