The Board of Directors of Serbian oil company NIS has submitted a proposal to the shareholders’ assembly detailing the allocation of its 2024 profit. In line with long-standing company policy, NIS intends to distribute 25% of its annual profit to shareholders as dividends—a tradition maintained consistently, except during the pandemic.
According to the board’s proposal, approximately €39.2 million will be distributed as dividends from the company’s unconsolidated profit for 2024, which amounted to around €157 million. This would result in a dividend of about €0.24 per share.
Despite the proposed payout, NIS shares remain suspended from trading on the Belgrade Stock Exchange. Trading has been halted since 14 January 2025, following a temporary suspension by the exchange. The Serbian Securities Commission later extended the suspension, though further details on the timeline for resuming trading have not yet been disclosed.
