Rewritten Title:
2025 Justice Shares Dividend Payout Announced: Key Details and Policy Shifts
Second Tranche of 2023 Justice Shares Dividend Confirmed
After months of anticipation, the Central Securities Depository has finalized the timeline and details for the second installment of the 2023 Justice Shares dividend payout. Notably, this year’s payment schedule has shifted from autumn/winter to summer, a strategic move aimed at accelerating liquidity injection into households and streamlining payment processes.
How Much Will Shareholders Receive?
The first tranche of the 2023 dividend was disbursed in March 2024, with the following payouts:
- Shares with a nominal value of 492,000 tomans: ~744,000 tomans
- Shares valued at 1 million tomans: Over 1.5 million tomans
The second installment is projected to match the first, bringing the total annual dividend for 2023 to:
- ~3 million tomans for 1-million-toman shareholders
- ~1.5 million tomans for 492,000-toman shareholders
Payout Deadline and Delays Explained
The second tranche will be deposited by late September 2025, a slight delay attributed to late settlements by major listed companies, including:
- Persian Gulf Holding (Faras)
- Mobarakeh Steel Company (Foolad)
- Iran Telecommunications (Akhaber)
Authorities confirm that pending transfers are nearing completion, with no further obstacles expected.
New Dividend Distribution Policy
In a policy shift approved by the Supreme Council of the Stock Exchange, future Justice Shares dividends will be disbursed in multiple short-term installments rather than one or two lump sums. This reform:
- Expedites payouts, reducing wait times for shareholders.
- Mitigates delays caused by late settlements from investee companies.
The change underscores the government’s commitment to enhancing financial efficiency and supporting household economic stability.
End of Report
