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Mol board proposes Ft 325 dividend per share

The board of oil and gas company Mol Rt will propose shareholders the payment of Ft 325 per share from 2005 profits at the AGM called for April 27, Mol announced on Wednesday.

Mol will pay out a total of Ft 35 billion or 8.8% of its audited HAS unconsolidated net profit of Ft 399 billion, according to the proposal. The proposed dividend is almost double the Ft 165 per share dividend Mol paid on 2004.