The board of Hungarian oil and gas company MOL will propose payment of a total dividend of around HUF 250 (0.63 euros) per share to shareholders at an annual general meeting scheduled for April 25, the company said in a notice published on the Budapest Stock Exchange website.
The board will propose paying a HUF 150-per-share dividend on last year’s earnings and a special dividend amounting to around HUF 100 per share. The board took the decision considering “the 2023 results, the indebtedness, future investment plans and external market conditions in light of the recent macroeconomic developments and regulatory and taxation measures,” MOL said.
The dividend fund will come close to HUF 198 billion. MOL had a net income of HUF 530 billion last year.
In 2023, MOL shareholders approved payment of a dividend of around HUF 350 per share, including a HUF 150-per-share base dividend and a special dividend of around HUF 200 per share.
