BUDAPEST: The board of Hungarian oil and gas company MOL will propose to shareholders payment of a HUF 625-per-share dividend on last yearʼs earnings at an annual general meeting on April 13, Hungarian news agency MTI reported. The dividend is 10% above the HUF 567-per-share paid on 2015 earnings, the board noted.
The total dividend payout will come to HUF 58 billion. MOLʼs consolidated IFRS net income was HUF 263.5 bln last year.