In 2014, SIF Muntenia reported a profit of RON154.44 million.

The proposed gross dividend worth RON0.0715 per share is lower than the dividend of RON0.134 per share paid two years ago.

In 2013, the company paid no dividends of the RON131.1 million profit.

The proposal is subject to shareholder approval at a meeting due April 29.

SIF Muntenia’s shares traded up 1.25% at RON0.849 in Bucharest Tuesday. (EUR1=RON4.4045)