Telekom Srbija makes a profit of RSD 16.3 billion – Citizens get RSD 403.6 each

(Photo: telekom.rs)

In 2015, Telekom Srbija also recorded a significant growth of investments of 64% relative to 2014 in the amount of RSD 20.1 billion, which is the biggest amount set aside for that purpose since 2010.

Based on positive financial indicators, the GM of Telekom Srbija decided to pay a total of gross RSD 12.3 billion dividend to shareholders, of which around RSD 8.9 billion will be paid to the budget of the Republic of Serbia, as the majority owner.

After taxes have been deducted from the paid amount, minority shareholders will receive RSD 13.02 per share. Since more that 4.8 million citizens have received Telekom Srbija free shares and individually own 31 shares, they will each be paid 2015 dividend of RSD 403.6.

The plan is for the dividend to be paid before the end of July.