Dividends
Dividend Policy of NIS j.s.c. Novi Sad
Our long term dividend policy is to declare dividends totaling at least 15 percent of net profit.
Our dividend policy is based on a balanced approach that takes into account the need to retain earnings for the purpose of financing future investments, the return on equity and the dividend payout ratio.
When proposing dividends, the Company’s Board of Directors takes into consideration a range of factors, including the financial position, investment plans for the upcoming period, loan repayment schedules, the macroeconomic environment and legal requirements. Any of these factors alone or combined, if significant enough, may influence the proposed dividend payment if any.
The decision on the distribution of profits and payment of dividends is adopted by the Shareholders Assembly at the regular annual meeting.
Dividends will be declared annually and in Serbian dinars (RSD).
Dividend policy of NIS j.s.c. Novi Sad has been adopted by Decision of Shareholders’ Assembly of NIS j.s.c. Novi Sad on its 4th regular session held on 25 June 2012.
Data on dividends paid for previous years
Download summary (xlsx, 16kb)2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
2013
2012
2011
2010
2009
2008
Based on the decision of the Shareholders’ Assembly, no dividend payment is planned.
Certificates of withholding tax
For certificates of withholding tax paid on the dividend for natural persons and for certificate on PPP-PO form, please contact Practice for compliance of public companies on servis.akcionara@nis.rs.
Dividend for 2018 and 2019
According to the regulations that were valid at the time of dividend payment for 2018 and 2019, the dividend that was not paid to the shareholders’ account within 15 working days from the day of payment was returned to NIS. This dividend is paid by NIS after the Request for payment of dividend returned to the payer is submitted.
Shareholders can submit a request in person in Belgrade or Novi Sad or by registered mail.
For additional information, please contact the Practice for compliance of public companies.
