BUDAPEST--Hungarian energy group MOL Nyrt (MOL.BU) proposed paying 46 billion forints ($195 million), or HUF460 per share of dividend, from 2012 earnings.

This is the second consecutive year MOL pays a dividend after a break between 2009-2011.

MOL traded down 1%, or HUF175, at HUF16,575 at 0757 GMT.

Write to Veronika Gulyas at veronika.gulyas@dowjones.com