Comcereal Tulcea dividends will have a yield of 12%.
In 2015, the company reported a profit of RON1.9 million.
Comcereal Tulcea is majority owned by vegetable oil producer Argus Constanta (UARG.RO) with a 95% stake.
Shareholders also approved investments worth RON408,000 in 2016, down 36% on the year, and revenue worth RON119.6 million, almost twofold higher on the year.
The company’s gross profit is estimated at RON2.4 million, up 14% compared with 2015.