Magyar Telekom's Board of Directors today declared, based on
information currently available to it, that it now contemplates a
proposal for payment of dividend to the Company's shareholders of HUF 50
per ordinary share (par value HUF 100) from the profit of 2010.
Magyar Telekom Board of Directors' statement_regarding 2010 dividend
2010. 12. 13. 15:30:00
Budapest,
The proposed dividend level of HUF 50 per share is in line with Magyar
Telekom's dividend policy of maintaining its net debt ratio (net debt to
net debt plus total equity) within the targeted range of 30-40% and
also reflects the impact of the special tax levied on the Hungarian
telecommunications sector.
The above statement is subject to the
Board of Directors' future formal proposal to the General Meeting,
which proposal will be made in due course, when all necessary
information is available and all prerequisites to making such proposal
are met.
Magyar Telekom currently plans to hold its 2011 Annual
General Meeting on April 12, 2011. Any dividend from the profit of 2010
will be payable subject to the resolution of, and following the 2011
Annual General Meeting.
Contacts
Press Contacts
Corporate Communications Directorate
