Rewritten Title: Government Advances Economic Justice Agenda with New Share Dividend Payouts
Article:
Dividend Disbursement Set for Year-End, Millions to Benefit
A significant dividend payment from the “Justice Shares” program is anticipated before the Persian New Year 1405, continuing a recent trend of year-end disbursements. This initial payment is expected to constitute a major portion of the total dividend for the fiscal year 1403, providing a financial boost to millions of shareholders.
While the exact per-share dividend amount for this next phase has not yet been officially announced, the process is managed systematically. The Central Securities Depository is tasked with collecting dividends from the underlying companies, calculating the total, and determining the precise payout for each shareholder. This methodical approach often results in payments being distributed in several stages throughout the year.
Inclusive Policies Ensure Heirs Receive Entitlements
In a move to uphold the financial rights of all citizens, the procedure for heirs of shareholders who passed away after Mordad 1399 has been clarified. Upon submitting the required documentation through the official portal, both the principal shares and accrued dividends will be transferred directly to the heirs’ accounts, ensuring their inclusion in the program’s benefits.
This follows the recent completion of the second dividend payment for the fiscal year 1402, which reached over 44 million shareholders. Furthermore, the dividends for over one million deceased shareholders were successfully distributed to approximately 4.29 million heirs.
Expanding the Program’s Reach
As part of broader economic justice measures, resources have been allocated for essential goods subsidies. Furthermore, approximately 9 million individuals previously not covered by the Justice Shares program are now eligible to register, with priority given to welfare recipients and lower-income deciles. This expansion underscores the government’s commitment to strengthening economic equity and supporting low-income households.
Parliamentary Focus on Subsidy Continuation and Economic Stability
Rahim Zare’, a member of the Iranian Parliament’s Plan and Budget Committee, highlighted the legislature’s role in supporting household welfare. He noted that while previous subsidy legislation lacked specific mechanisms, the budget for 1404 allocated substantial resources—including a portion of oil revenues—toward essential goods, medical equipment, and consumer necessities.
“This year, the government was empowered within the 1404 budget to implement a goods subsidy program to provide necessary credit to the people, particularly in light of high inflation,” Zare’ stated. “There is significant satisfaction with this initiative among the first to fourth income deciles.”
He confirmed that the commitment to this subsidy framework is set to continue into the budget for 1405, reflecting a consensus on the need to sustain support for citizens’ livelihoods.
New Chapter: Justice Shares for the Next Generation
In a forward-looking initiative to build financial foundations for the newest generation, the government has launched a program granting Justice Shares to infants born in 1400 and beyond. In the latest phase, the accounts of children born in 1402 were credited with shares, marking a new chapter in this long-term national investment plan. This policy is designed to provide a long-term financial asset for children, encourage a culture of investment and saving from an early age, and create equal opportunities for all newborns to benefit from future economic growth.