Petrom reported a record net profit of RON3.76 billion (EUR887 million) in 2011, of which RON1.75 billion will be paid in dividends.
The proposal is subject to shareholder approval at a meeting due April 27.
OMV Petrom is 51%-owned by Austria’s OMV (OMV.VI).
On the Bucharest market Friday, Petrom closed down 0.26% at RON0.38 a share. (EUR1=RON4.3718)