The topic of this paper is "Payment of dividends in the Republic of Croatia on the example of the company Hrvatski telekom d.d.". Shares represent ownership shares in public joint -stock companies, and by buying shares you become a shareholder and acquire a certain share in the ownership and profit of the company. There are regular shares that give the right to vote at company assemblies and ownership in the company, and preferred shares that have limited rights and most often do not have voting rights. The market capitalization of a company represents the value of a company in real time, depending on the supply and demand for shares of that company. Dividends are cash payments that a company pays to its shareholders as a return on their investment in the company's shares. It is very important that the company determines the right dividend payment policy through the dividend policy in order to increase the value of the shares and attract new investors. The paper uses the example of the company HT d.d. (Hrvatski telekom d.d.) shows the payment of dividends by companies on the Zagreb Stock Exchange. Hrvatski telekom d.d. is the largest provider of telecommunications services in the Republic of Croatia that is listed on the stock exchange and regularly pays dividends to its shareholders.