According to Sandor Csanyi OTP Bank is likely to pay out a dividend of some 30% of its after-tax profit in 2006 (some HUF 202 per share versus HUF 197 last year), which is in line with earlier plans. According to an official announcement, OTP Bank will vote on dividends at the AGM to be held on April 27.
Our view: We do not expect the news to have significant impact on the stock price today.