Serbian
oil and gas firm NIS, said it plans to pay a gross dividend of 46.85
dinars ($0.4346/0.3886 euro) per share from its 2014 earnings.
NIS,
56.15%-owned by Russia's Gazprom Neft, will pay out as dividend 7.64 billion
dinars from last year's net profit of 30.6 billion dinars, the company said in a
bourse filing on Monday.
The company plans to leave the remainder of its
2014 net profit, in the amount of 22.9 billion dinars, unallocated.
NIS
paid a gross dividend of 80.22 dinars per share for 2013, distributing a total
of 13.08 billion dinars.
The decision on the dividend payment will be
made at a shareholders’ assembly scheduled for June 23.
Gazprom Neft
acquired from the Serbian state a majority stake in NIS in 2009.
NIS,
still 29.9%-owned by the Serbian state, is one of the largest vertically
integrated oil and gas companies in Southeast Europe. Its main activities
include the exploration, production and processing of oil and gas, as well as
the production and retail of a wide range of petroleum products.