Zwack To Pay Out HUF 610 Million Dividend

  • 30 Jun 2020 7:59 AM
  • Budapest Business Journal
Zwack To Pay Out HUF 610 Million Dividend
After the previous business year, Zwack Unicum Nyrt. will pay a total dividend of HUF 610.5 million based on the resolution of the board of directors, acting under the authority of the general meeting, according to a summary published on the website of the Budapest Stock Exchange.

According to the decision adopted unanimously, the board of directors will ensure the payment of dividends on a pro rata basis.

Dividend payment will begin on January 27, 2021. Like other listed issuers, Zwack decided not to hold its annual meeting on Thursday due to the emergency, so its decision-making powers were therefore taken over by the company’s board of directors.

MTI Photo: Tibor Illyés 

  • How does this content make you feel?

XpatLoop Media Partner

Budapest Business Journal

Hungary's largest and oldest source of business and financial news in English. Since 1992 it has presented essential information on Hungarian business life, including international analyses about the country. These days the BBJ newspaper is published every other week, while it releases daily business news online including premium paid content.