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Name | Symbol | Market | Type |
---|---|---|---|
Mol Magyar Olay Es Gazipari Rt (PK) | USOTC:MGYOY | OTCMarkets | Depository Receipt |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.026 | -0.71% | 3.654 | 3.61 | 3.69 | 3.665 | 3.635 | 3.665 | 10,784 | 18:13:16 |
The Board of Directors of Hungarian oil and gas firm MOL Nyrt. (MOL.BU) proposed paying HUF45 billion ($200 million) in the form of dividend after its 2011 profits, the company said Wednesday in a stock exchange filing.
MAIN FACTS:
- This is the first time since 2008 that MOL is paying a dividend.
- The Annual General Meeting, April 26, will decide on paying the dividend.
- MOL's dividend policy is to pay 40% on "normalized earnings" depending on investment activities.
- HUF45 billion as dividend represents more than 2% dividend yield.
- MOL shares closed down 1.9% or HUF350 at HUF 17,750 Wednesday.
-By Budapest Bureau, Dow Jones Newswires; +36-1-267-0622; budapest@dowjones.com
1 Year Mol Magyar Olay Es Gazip... (PK) Chart |
1 Month Mol Magyar Olay Es Gazip... (PK) Chart |
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