Title: “Millions to Receive Second Round of Justice Shares Profits – Summer Payout Confirmed”
Second Tranche of Justice Shares Profits Set for Summer Disbursement
After months of anticipation, the exact timeline for the second installment of Justice Shares profits for the fiscal year 2023 has been announced. Unlike previous years, where payments were typically made in autumn or winter, this year’s payout will occur unexpectedly in summer, with all transactions expected to be completed by the end of Shahrivar (late September).
Payment Details and Expected Amounts
The first installment of Justice Shares profits for 2023 was distributed in Esfand (March 2024), with beneficiaries receiving substantial amounts:
- 492,000-toman shareholders received approximately 744,000 tomans.
- 1-million-toman shareholders were granted over 1.5 million tomans.
Industry experts predict that the second installment will follow a similar payout structure, offering comparable financial benefits to eligible citizens.
Reasons Behind the Delay
The postponement of this payment was attributed to incomplete profit settlements from several key investment firms, including:
- Persian Gulf Holding (Faras)
- Mobarakeh Steel Company (Foolad)
- Iran Telecommunications (Akhaber)
These companies had not yet transferred a portion of their fiscal year 2023 profits (ending 29 Esfand 1402) to the Central Securities Depository. However, settlement procedures are now nearing completion, ensuring timely disbursement.
New Payment Structure to Prevent Future Delays
In a move to enhance efficiency, the Supreme Council of the Stock Exchange has approved a revised payment system starting in 2025. Under this new framework, Justice Shares profits will be distributed in multiple scheduled installments rather than a single annual payout. This reform aims to eliminate past delays, ensuring shareholders receive their earnings in shorter, more regular intervals.
With these changes, millions of Iranians can look forward to a more streamlined and predictable profit distribution process, reinforcing the government’s commitment to economic justice and financial inclusion.
Stay informed for further updates on exact payment dates and eligibility criteria.
