Hungarian oil and gas company MOL has announced that its Board will recommend a total dividend of approximately 0.68 euros per share at the upcoming annual general meeting on April 24.
This dividend proposal includes a base dividend of 0.41 euros per share, derived from the company’s 2024 earnings, along with a special dividend of 0.27 euros per share.
The decision is based on several factors, including MOL’s 2024 financial performance, debt levels, investment plans, and various external market conditions, such as macroeconomic trends and regulatory or tax policies.
The total dividend payout is expected to exceed 550 million euros. MOL’s most recent financial report showed a pre-tax profit of 1.35 billion euros for the previous year. In 2023, shareholders approved a dividend of approximately 0.62 euros per share, which included a base dividend of 0.37 euros per share and a special dividend of 0.24 euros per share.
