Title: Strategic Overhaul: Iran’s Equity Share Dividend Payouts Shift to Multi-Phase System for Enhanced Transparency
In a significant move to enhance financial transparency and public trust, Iran’s Supreme Council of the Stock Market has announced a strategic reform to the national Equity Share Dividend (Saham-e Edalat) payment system, effective from the current Iranian year (2025).
A New Chapter in Dividend Distribution
Gone are the days of a single, lump-sum annual payment. The Council’s new policy mandates that dividends will now be distributed in multiple phases at specified intervals throughout the year. This calculated shift is designed to rectify previous payment challenges, introduce greater order, and significantly boost transparency in the entire distribution process. This systematic approach aims to provide shareholders with more consistent financial support, thereby strengthening their purchasing power at more regular intervals.
Second Tranche: Amounts and Timeline
The focus is now on the second payment tranche for dividends accrued from the financial performance of the year 1402 (2023-24). The Central Securities Depository of Iran is slated to complete these transfers to eligible citizens by the end of Shahrivar 1404 (late September 2025). Shareholders are set to receive the following estimated amounts:
- Holders of 492,000 Tomans worth of shares: Approximately 744,000 Tomans.
- Holders of 1,000,000 Tomans worth of shares: Over 1.5 million Tomans.
Economic analysts project that the amounts for this second phase will be largely consistent with those of the first.
Addressing delays and Ensuring Compliance
A brief delay in initiating this second phase is attributed to the ongoing finalization of dividend settlements from several major listed companies, including the Persian Gulf Holding, Mobarakeh Steel Company, and Iran Telecommunications. Authorities confirm that the process of settling these outstanding amounts is now nearing completion.
The Council has issued a critical advisory for all shareholders: those who did not receive the first tranche must promptly update and correct their banking details through the official Equity Share system. Failure to ensure accurate registration will result in dividends being deferred to a subsequent payment cycle.
Building Public Trust and Economic Stability
The Equity Share Dividend represents a vital source of indirect income for millions of citizens across the country. This new multi-phased payout strategy is widely viewed by experts as a positive step towards modernizing the nation’s capital market infrastructure. It fosters greater public confidence, provides shareholders with improved liquidity management, and reflects a commitment to structured economic governance. The Supreme Council’s endorsement of this ongoing, phased process signals a long-term commitment to a more reliable and orderly dividend distribution system for the future.
