In 2010, Conpet paid its shareholders a gross dividend of RON4.02 a share.
Conpet plans to pay total dividend of RON70 million (EUR16 million) for 2011. The proposal is subject to shareholder approval at a meeting due April 27.
The company reported a net profit of RON28.5 million in 2011.
Conpet is 58.7% owned by the Economy Ministry, while investment fund Fondul Proprietatea (FP.RO) holds a 20.05% stake.
On the Bucharest bourse Wednesday, Conpet closed up 2.06% at RON34.7 a share. (EUR1=RON4.3746)