Title: Streamlined Dividend Distribution for Justice Shareholders: Addressing Minor Discrepancies
In a significant step towards enhancing the economic welfare of its citizens, the Central Securities Depository of Iran (CSDI) has successfully overseen the second phase of dividend payments for the Justice Share scheme for the fiscal year 1402. The initiative underscores the nation’s commitment to public economic participation.
Resolving Minor Payment Hurdles
As part of its meticulous and transparent distribution process, the CSDI has identified that a small fraction of shareholders—approximately 4,400 individuals—have yet to receive their dividends. This temporary delay is not due to any systemic issue but is solely attributed to incorrect or inactive bank account details (Shaba numbers) provided by the shareholders themselves, such as blocked, dormant, or joint accounts.
The CSDI has clarified that these shareholders can promptly rectify their banking information via the Comprehensive Customer Information System (SEJAM) to receive their due payments in the subsequent distribution phases, ensuring no one is left behind.
Substantial Dividends Disbursed to Millions
The vast majority of the scheme’s beneficiaries have successfully received their dividends. The payments, which reflect the government’s focus on equitable wealth distribution, were structured as follows:
- Holders of the 452,000 Toman share portfolio received 747,000 Toman.
- Holders of the 492,000 Toman share portfolio received 814,000 Toman.
- Holders of the 532,000 Toman share portfolio received 881,000 Toman.
- Holders of the 1,000,000 Toman share portfolio received 1,650,000 Toman.
In a parallel humanitarian effort, dividends for over one million deceased shareholders were also distributed to their approximately 4.29 million heirs.
A Coordinated National Effort
The dividend distribution was a collaborative national project involving 19 major Iranian banks. Furthermore, to ensure maximum transparency and awareness, shareholders were notified of their exact dividend amounts not only through bank SMS alerts but also via personalized messages sent through domestic messaging platforms, including Bale, Rubika, Soroush+, and iGap.
This comprehensive communication strategy highlights the administration’s dedication to keeping citizens informed and engaged in the nation’s economic programs.