The proposal is for a HUF 200-per-share basic dividend and a HUF 200-per-share extraordinary dividend.

The board noted that 2023 was a "successful year" for Alteo "with high-profit generation, low debt, and high cash balances".

The dividend fund comes close to HUF 8 billion.

Hungarian oil and gas company MOL owns a 73.79% stake in Alteo.