Hungary's largest bank OTP Nyrt. (OTP.BU) will pay HUF102 dividend a share on 2011 profits from June 11, the bank said in a stock exchange filing Thursday.

MAIN FACTS:

- OTP reported consolidated net profit of 83.8 billion forints ($350 million) in 2011.

- OTP's management proposed HUF28 billion dividend on 2011 profits at the annual general meeting.

- OTP opened trading at HUF3,436, up HUF62 or +1.8%.

-By Budapest Bureau, Dow Jones Newswires; +36-1-267-0622; budapest@dowjones.com