Litgrid's shareholders will vote on the dividend proposal on April 23, the state-controlled company said in a stock exchange release.
It distributed 7.7 mln euros, or 1.53 euro cents a share, as dividends in 2018.
The group posted a net profit of 4 mln euros for 2018, down from 9.58 mln euros in 2017. The 2018 profit turned into a net loss of 39.361 mln following a revaluation of fixed assets.
Consolidated revenue rose to 190.6 mln euros last year, up 19% from 160.2 mln euros in 2017.
Epso-G, a holding company controlled by the Energy Ministry, owns 97.5% of shares in the power transmission system operator.