Contact

NIS corporate website

Search

Dividend payment for 2023

The dividend amount

On 27 June 2024 Shareholders’ Assembly of NIS j.s.c. Novi Sad has adopted the Decision on distribution of profit for 2023, dividend payment and determining the total amount of retained profit of NIS j.s.c. Novi Sad.

This decision determines that the dividend will be paid to NIS j.s.c. Novi Sad shareholders in cash, in the gross amount of RSD 10,478,261,304 i.e. in the gross amount of RSD 64.26 per share.

Withholding tax will be deducted from this amount (for resident natural persons the current tax rate is 15%). The amount of tax will be calculated and paid for shareholders by NIS, so the shareholders are not required to contact Serbian tax authorities regarding the tax on dividend.

Record date (dividend day)

In accordance with the decision of the Shareholders Assembly, the shareholders registered in the Central Securities Depository and Clearing House as legal owners of NIS j.s.c. Novi Sad shares on the Record date (Dividend Day) i.e. on 17 June 2024 are entitled to dividend payment in proportion to the number of shares they owned on that day.

Date of dividend payment

The dividend for 2023 was payed to shareholders on 28 August 2024.

Dividend payment procedure

Related to the payment of dividends, entities that are residents of Serbia should not submit to NIS any information before the payment (does not refer to custody and omnibus accounts) because the payment for minority shareholders will be made through the Central Securities Depository and Clearing House, in the following manner:

– To shareholders who have an active account of financial instruments, dividend was paid on the cash account used for trading in shares. In case the dividend is not paid into the shareholder’s cash account within 15 working days from the date of dividend payment, the amount of dividend can be withdrawn in person at the counter of OTP banka Srbija with the ID card;

– Shareholders who do not have an active account of financial instruments as their account has been terminated after the Record date (dividend day), may submit to the corporate agent of NIS (OTP banka Srbija) instructions for dividend payment until the day preceding the day of calculation of dividend. If they do not do so within the stipulated period, then after the day of dividend payment, the amount of dividend can be withdrawn in person at the counter of OTP banka Srbija with the ID card;

– Shareholders who received shares as employees or former employees and who have not opened a securities account until the record date are able to withdraw the paid amount in person at OTP banka Srbija with their personal ID card;

– Shareholders who received 5 NIS shares as citizens, are able to withdraw the dividend from the cash account that they registered when they signed up for free shares (shareholders need to notify the Bank Postanska stedionica about changes regarding their registered cash account). If a shareholder has registered a cash account opened with Bank Postanska stedionica, dividend can be withdrawn at the Post office with personal ID card.

REMARK
regarding the dividends 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 mail.

Decisions and notifications

27 August 2024 Notice of dividend payment for 2023
15 August 2024 Notice of intent to pay dividend for 2023
28 July 2024 Notification to members of the Central Depository and Clearing house (submitting Residence Certificate and information on beneficial owners of income) (pdf, 88KB)
27 June 2024 Decision of Shareholders’ Assembly on distribution of profit for 2023, dividend payment and determining the total amount of retained profit of NIS j.s.c. Novi Sad (pdf, 341KB)

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.

Contact

For additional information, please contact Practice for compliance of public companies.

Powered by  GDPR Cookie Compliance
COOKIE MANAGEMENT POLICY

What is a cookie?

A cookie is a small text file sent to your computer when you visit a website. Cookies perform many different functions on NIS websites, making it possible for you, among other things, to move more efficiently through webpages, storing your favourite settings and, in general, helping to improve your website experience.
The EU Directive 2009/136/EC allows storing cookies on your device if they are essential for the functioning of the website, whereas all other cookies are conditional on your consent.

NIS websites may also use the cookies that are not essential for their functioning. Such cookies are not used to track the behaviour of individual users or identify them but to gain useful insight into the way in which the websites are used, so we could further improve them for our users. Without the insight gained through cookie-based systems, we would not be able to provide these services to you.

The types of cookies we use

If you are setting the language, font size or a certain website version (e.g. high contrast mode), cookies for setting user interface are used for that. When the setting is complete, you are not required to specify your preferences when you next visit this website.

If you are using the website sections where you need to register in order to access them, we place an authentication cookie on your computer for that purpose. This allows you to leave and return to those sections without re-authentication.

NIS wants to find out about the way in which visitors use its websites, which is why it uses network analytics services. They register the number of visitors and provide us with general information about their behaviour, such as key words entered into the browser that direct the user to our website, the average time that a user spends on the website and the number of pages browsed by a user. For this purpose, we place the so-called first-party analytics cookie on your computer.

To monitor network statistics, we may also use services like Google Analytics. In that case, Google places the so-called third-party cookie on your computer. Such a cookie is also placed when we use Google maps.

All data collected by these cookies is stored and managed by NIS or its affiliates in the countries where the company operates.
For any additional information or contact with NIS, please refer to our Privacy Protection Policy.

Cookie control

If you do not want to receive cookies, you can set your web browser to notify you when cookies are sent to you or you can decline to receive any cookies. You can also delete the cookies that have already been placed on your computer.

If you wish to limit or block the receipt of cookies placed on your device by a web browser, you can do it by adjusting the browser settings; the procedure is explained in the browser’s help option. You can also visit the website www.aboutcookies.org (external link), which contains detailed instructions about this procedure in different web browsers.