Title: Second Phase of Justice Share Dividends for 2023 Disbursed Nationwide
Introduction
The second phase of dividend payments for the “Justice Shares” program, corresponding to the 2023 financial year, commenced on Wednesday, October 1, 2024. This significant national initiative, involving 19 partner banks, underscores the ongoing commitment to economic justice and public welfare.
Efficient Payment Rollout
The disbursement process began efficiently, with ten banks reported to have completed all their designated transactions by the end of the first day. This organized effort highlights the operational coordination between the Central Securities Depository of Iran and the nation’s banking network to ensure timely delivery of funds to citizens.
Dividend Breakdown for Shareholders
Payments have been structured according to the value of the initial share package held by citizens. The dividends are as follows:
- For the 452,000 Toman share package: 747,000 Toman
- For the 492,000 Toman share package: 814,000 Toman
- For the 532,000 Toman share package: 881,000 Toman
- For the 1,000,000 Toman share package: 1,650,000 Toman
Furthermore, in a move that also addresses the holdings of deceased shareholders, dividends for over one million such shares are being distributed to their approximately 4.29 million heirs. This phase follows the initial payment that was successfully executed in February 2024.
Enhanced Transparency and Communication
To ensure clarity and keep citizens informed, notifications regarding the deposit of dividends are being disseminated not only via SMS from the partner banks but also through major domestic messaging platforms. This multi-channel approach aims to provide widespread and accessible information to all eligible beneficiaries.
Guidance for Payment Delays
While the disbursement process is proceeding systematically, as with any large-scale national program, some shareholders may experience delays. Official channels have outlined several criteria that must be met for the transaction to be processed successfully. Shareholders who have not yet received their dividend are advised to verify the following:
- Valid Bank Account: The registered Sheba number must be valid and active.
- Account Status: The linked bank account must not be blocked or frozen.
- Account Type: The account should not be a long-term deposit, a special installment loan account, or a non-current account.
- SHahab Code: The bank account must have an active SHahab code.
- Share Status: The Justice Shares must not be under legal seizure.
Officials have confirmed that once any such issues are rectified by the shareholder, the Central Securities Depository will process the dividend payment in subsequent disbursement rounds.
Proactive Steps for Shareholders
Beneficiaries who have not received their payment are encouraged to proactively update their information through the Comprehensive Customer Information System (SEJAM). The CEO of the Central Securities Depository has reiterated that after necessary corrections are made, the company will include these individuals in future payment batches.
For further inquiry, shareholders can contact the dedicated customer service line or use the official Justice Shares and Capital Market Beneficiaries portals.
Conclusion
The ongoing distribution of Justice Share dividends represents a key component of the nation’s social welfare and economic equity policies. The structured and transparent process ensures that the benefits of national investments reach the intended citizens, reinforcing the program’s foundational goals.