Second Tranche of Justice Shares Dividend: Official Sums and Late Summer Payout Confirmed
Millions of Iranian shareholders are set to receive a significant financial boost by the end of the Persian month of Shahrivar, as authorities have officially announced the details for the second payment of dividends from the national Justice Shares scheme.
A New, Multi-Stage Payment Policy
In a strategic shift for the Iranian calendar year 1404, the Supreme Council of the Stock Market has moved away from a single, lump-sum annual payment. The new policy mandates that dividends be distributed in several stages at specified intervals. Officials state this change aims to enhance transparency, bring order to the payment process, and resolve previous logistical challenges. The phased approach is designed to ensure shareholders receive portions of their returns more frequently and reliably.
Dividend Amounts and Schedule
According to the official announcement from the Securities and Exchange Organization, the second payment will be transferred to shareholder accounts by the end of Shahrivar. The amounts are consistent with the first tranche:
- Holders of 492,000 Tomans shares: Approximately 744,000 Tomans in dividends.
- Holders of 1,000,000 Tomans shares: Over 1.5 million Tomans in dividends.
Addressing the Payment Delay
The disbursement of this second phase, initially projected for an earlier date, was postponed to Shahrivar. This delay is attributed to the pending settlement of dividends by several major listed companies, including the Persian Gulf Holding, Mobarakeh Steel Company, and Telecommunications Company of Iran. The Central Securities Depository of Iran is now finalizing the settlement process, and the Securities and Exchange Organization has guaranteed all payments will be completed on schedule.
A Pillar of Economic Support for Households
Since its inception as a national initiative, the Justice Shares scheme has played a vital role in supporting middle and lower-income strata. The annual dividend serves as a critical source of indirect income for millions of families, directly contributing to the improvement of their livelihood. Timely and regular payments not only bolster household purchasing power but also strengthen public trust in the capital market and the government’s economic policies.
Shareholder Advisory: Ensure You Receive Your Payment
The Central Securities Depository is responsible for collecting and distributing the dividends. Shareholders who did not receive the first payment are urgently advised to update their banking information in the Justice Shares online system to ensure they receive this second tranche. Key requirements include:
- Bank account information must be registered under the shareholder’s own name.
- The SHABA number must be correctly registered and activated in the system.
Authorities recommend all shareholders verify their information before the end of Shahrivar to prevent any further delays.
A Positive Shift for Market Transparency
Economic experts highlight that the transition to a multi-stage payment system offers significant benefits, including greater transparency for shareholders, improved liquidity management for households, and reduced pressure on listed companies to settle accounts all at once. While some critics caution that persistent delays could undermine confidence, the Supreme Council of the Stock Market is committed to refining this new process. It is anticipated that with further development of banking and electronic infrastructure, future payment schedules will become even more precise and reliable, solidifying the scheme’s role in the nation’s economic landscape.