OTP Board Proposes HUF 300/Share Dividend
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The board of OTP Bank, Hungary's biggest commercial lender, will propose payment of a HUF 300-per-share dividend to shareholders at an annual general meeting scheduled for April 28, the AGM proposals published on Thursday show.
The board proposes paying HUF 6 billion from 2022 earnings and HUF 78 bln from profit reserves.
The lender had said its board was expected to propose payment of a HUF 84 bln dividend, equivalent to HUF 300 per share, in March, when it released its Q4 earnings report.
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