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Elmű to pay nearly all of 2005 profits as dividend

The board of Budapest electricity distributor Elmű Rt will propose to shareholders at an AGM convened for April 28 payment of a Ft 15.794 billion dividend on 2005's after-tax profit of Ft 16.513 billion, according to the meeting's invitation published on Monday.
The dividend calculates as Ft 2,600 per share. Last year, Elmű paid Ft 2350 per share. Shareholders will also vote on appointments to Elmű’s boards.