Egis will pay HUF 120 per share dividend on 10 May. Record date is 3 May, and the last day when Egis trades with dividend is 27 April according to the Company’s statement. Egis has approved earlier this year that it will pay HUF 120 per share dividend, keeping its dividend at the same nominal level as in the last 3 years.
We see the news as neutral, an reiterate our Buy recommendation and our HUF 35,570 per share on the stock.