Magyar Telekom plans to pay no dividend
Hungarian telecommunication service provider Magyar Telekom, the subsidiary of German giant Deutsche Telekom, said today it expects to pay no dividend from its 2014 results, based on information available to date and its current plans.
Based on its dividend policy of keeping its net debt ratio (net debt to total capital) between 30% and 40%, its financial position and the current operating and business environment, the company does not believe it will be in a position to pay dividends from its 2014 results.
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.