Dividend

Dividend payment for business year 2018

The Board of Directors of Magyar Telekom on its meeting held on February 20, 2019 has reviewed the 2018 standalone financial statements of Magyar Telekom Plc. and those of Magyar Telekom Group prepared in accordance with IFRS, and proposes them for approval to the Annual General Meeting. The Board of Directors also proposes a dividend payment of HUF 25 per share for the business year 2018 for approval at the Annual General Meeting. The Board of Directors has also reviewed the dividend policy of Magyar Telekom and decided to discontinue it.

Magyar Telekom will hold its Annual General Meeting on April 9, 2019. The Board of Directors proposes the record date of the dividend payment to be on May 15, 2019 and the first day of dividend disbursement on May 24, 2019. The actual amount of dividend paid to shareholders is calculated and paid based on the Articles of Association, so the Company distributes the dividends for its treasury shares among the shareholders who are entitled for dividends.

Dividend payment history
Business year  Gross dividend
per ordinary share
 
Payable date  Record date    
2017  HUF 25.13*   May 25, 2018   May 15, 2018 Details Details 
2016  HUF 25   May 23, 2017   May 12, 2017 Details 
2015  HUF 15   May 25, 2016   May 13, 2016 Details 
2014  HUF 0      
2013  HUF 0      
2012  HUF 50 May 16, 2013 May 9, 2013 Details 

*The actual amount of dividend paid to shareholders is calculated and paid based on the Company’s Articles of Association, so the Company distributes the dividends for its treasury shares among the shareholders who are entitled for dividends.