The Board of Directors of the Oil Industry of Serbia (NIS) proposed distributing 25% of the 2024 profit to shareholders as dividends, consistent with past practice except during the pandemic. From last year’s unconsolidated profit of 18.4 billion dinars, 4.6 billion dinars (28.18 dinars per share) is earmarked for dividends.
Trading of NIS shares on the Belgrade Stock Exchange has been suspended since January 14, with the suspension extended by the Securities Commission until the reason for suspension no longer exists. Since early 2024, NIS has faced the threat of US sanctions, with a full sanctions deadline postponed three times, most recently to June 27.
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