Alkis H. Hadjikyriacos (Frou-Frou Biscuits) Public Ltd. announced that the board of directors will propose to the annual general meeting of the shareholders the payment of dividend of EUR 1,008,379 (2015: EUR 988,607), which corresponds to EUR 0.0102 cents per share (2015: EUR 0.01 cent) or 3.92% (2015: 3.85%) of the nominal value of the Company's share capital, corresponding to 2% increase compared to the dividend of 2015. The proposed dividend corresponds to a dividend yield of 4.5% on the average closing price of the share at EUR 0.229 as at 31 December 2016. This is the 15th consecutive year in which the Company pays an increased dividend.