Bosnalijek will use 9.9 million marka of its 2023 net profit to pay the dividend for that year, it said in a bourse filing.
The company's shareholders approved the plan at a meeting on July 2.
Bosnalijek last distributed a dividend for 2021, when it paid out a sum of 1 marka per share.
The company's shares last traded on the Sarajevo bourse on June 28, closing 2.10% higher at 25.53 marka.
(1 euro = 1.956 marka)