The company, which is 58.5% owned by the Romanian state, will pay a gross dividend of RON8.14/ share, which translates in to a yield of 2.8% at current share prices.
The payment date was set for July 16.
In 2020, Transgaz paid dividends of RON182 million from its 2019 profit, nearly double what it plans to pay this year.
Shareholders also decided to keep RON79.2 million from last year’s profit as the company’s own financing source.
Transgaz posted a profit of RON229.8 million in 2020, 34% lower compared with 2019.