NIS makes dividend payments to shareholders – Nearly RSD 7 billion paid to the accounts

On August 27, NIS paid dividends to its shareholders with the amount of 6,948,003,644 dinars allocated for the purpose, which is 73 per cent more than the amount paid for the dividends last year, the company announced.

All shareholders who were registered in the Central Securities Register, Depository and Clearing House as share owners on the Shareholders Day of the tenth NIS Shareholders Assembly regular session, that is June 11 2018, were entitled to the dividend payout, the press release says.

The citizens of Serbia who own shares of NIS were paid 36.22 dinars per share, which is the amount that is obtained when the 15-per-cent tax, which NIS is obliged to pay for the shareholders in the payment of dividends, gets deducted from the gross dividend per share (42.61 RSD).

On account of the dividend from profit, the amount of 2.075.622.325 dinars was paid in the budget of the Republic of Serbia for 2017, and the Republic of Serbia generates income based on the tax paid with the dividend payments to shareholders.

This is the sixth consecutive year in which NIS pays dividend to its shareholders. Based on the decision made at the NIS Shareholders Assembly meeting held on June 21, shareholders received 25 per cent of the net profit of the Association as a dividend payout which amounted to 27,790,460,000 dinars in 2017.

– Positive financial results in 2017 enabled us to pay a significantly higher amount to the shareholders on behalf of the dividend than a year before – stated Kirill Tyurdenev, CEO of NIS.

Payment to minority shareholders is made through the Central Securities Depository, to the accounts used for share trading or to the accounts they provided when they applied for the free shares. On the Shareholders Day, NIS had 2.099.432 shareholders.

Gazprom Neft owns 56.15% of share capital of NIS, while 29.87% of shares is owned by the Republic of Serbia. The remaining part belongs to citizens, employees, former employees, and other minority shareholders.

NIS a.d. Novi Sad

Centralni registar HOV ad Beograd

NIS

NIS dividend

NIS annual dividend

payment of annual dividend NIS

Kirill Tyurdenev

NIS shareholders

NIS record date