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NIS to distribute 64.26 dinars per share in 2023 dividend payout

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The Oil Industry of Serbia (NIS) will distribute a gross dividend of 64.26 dinars per share for the year 2023. The payout, totaling approximately 1.46 billion dinars gross and 1.29 billion dinars net, will be executed today, as announced on the Belgrade Stock Exchange website.

The dividend will be allocated to shareholders registered as legal owners of NIS shares in the Central Registry, Depository, and Securities Clearing as of June 17, 2024.

The dividends will be subject to withholding tax as required by tax regulations. Payments to major shareholders, including JAD “Gazprom Neft,” the Republic of Serbia, and JAD “Gazprom,” will be made directly from NIS’s account in Novi Sad. Other shareholders will receive their payments through the Central Registry, securities depository, and clearinghouse.

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