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OTP proposes 26% higher dividend

OTP Bank Rt proposes to increase its annual dividend to Ft 197 a share from Ft 156 last year, the bank said in a stock exchange statement.

OTP will ask shareholders to approve a dividend payout of Ft 55.16 billion from last year's after-tax profit of Ft 138.35 billion. Shareholders of the bank will vote on the proposed dividend at the company's April 28 general meeting.