Buying trust by shortening the deadline for paying dividends to shareholders – Tejaratnews

According to Tejarat News, it was last year that the stock exchange organization, in a notification, required all stock and over-the-counter publishers to pay current and accrued interest to shareholders through Sejam.

Payment of interest through SJAM found transparency and acceleration of payments. At the time of announcing the obligation to pay interest through SJAM, the market still suffers from mistrust; But after the announcement of this announcement and the payment of profits as quickly as possible, people’s confidence in the capital market increased.

In the last few months, the dividend payment process of stock issuers has been modified; Today, the board of directors of the stock exchange organization announced in a notification that the full payment of dividends to shareholders should be done within four months at the latest after the decision of the general assembly regarding the distribution of dividends.

This is despite the fact that before this time, the payment of interest of over-the-counter issuers was eight months, and now with this time change, we are likely to see an increase in confidence and the entry of new money into the market with the aim of long-term investment.

In general, the process of interest payment by publishers is being modified; For example, in December of last year, the Securities and Exchange Organization’s issuer supervision management announced that the payment of dividends for listed companies has been reduced from eight months to three months.

Reduce time to increase trust

If we examine the past of the capital market and the experience of shareholders, we will come to the conclusion that one of the problems in the capital market was the time and manner of paying dividends by listed and over-the-counter companies, which made shareholding, in the sense of long-term investment, lose its appeal. to give

For example, in the past years, some companies used to postpone the payment of profits to the following years under the pretext of not having an account number; But now the time of payment and the method of payment of interest are known, and the publishers cannot commit a violation and postpone the time of interest payment.

Reducing the dilemmas and problems faced by the shareholders helps to increase their confidence towards the market body and ultimately this increase in confidence leads to the real growth of the index and the stock market as a whole.