Alumil recommended paying out a gross dividend of RON0.64 per share, up from RON0.08 per share distributed in 2010.
Thursday, Alumil rose a sharp 15% at RON1.022 a share in Bucharest.
The company’s sales rose 4% to RON71.3 million in 2013, from RON68.5 million a year earlier.
Alumil, the local unit of Greece’s Alumil Mylonas, reported a net profit of RON1.06 million in 2013, down from RON3.1 million in the previous year.
Alumil Mylonas holds 55.9% in Alumil, while the company’s president Michail Sotiriou owns a 23.95% stake. (EUR1=RON4.4637)