The proposal is subject to shareholder approval at a meeting due April 28. If cleared, Romgaz will distribute its stockholders total dividends worth RON990.6 million in 2014.
The figure exceeds the net profit for 2013 announced in a preliminary report in February. At the time, Romgaz said its net profit fell 17% year-on-year to RON930.7 million.
Romgaz is 70%-owned by the Romanian state, while investment fund Fondul Proprietatea (FP.RO) holds a 15% stake.
Wednesday, Romgaz closed up 1.48% at RON33.49 a share in Bucharest. (EUR1=RON4.4749)