Speculation over potential for a MOL dividend

21 March 2012

One of Hungary’s biggest companies, MOL (MOL Hungarian Oil and Gas PLC) has not paid dividends since 2008. But market sources are suggesting that the company could do so this year, which would be handy for the state, since as a shareholder, it could make HUF 17bn out of the deal. The final amount is of course unsure, but market observers say it should work out to between HUF 500 and HUF 700 per share. MOL has always insisted until now that its best strategy was re-invest profits into the company rather than paying shareholders out.

Example banner for displaying an ad. It can be higher.