InternationalInternational Economics

Details of the dividend for the year 1998 Shares of Justice / 10% of the dividend was not paid


According to the economic correspondent of Fars News Agency, on the last day of November this year, Hassan Shojaei, the head of the Article 90 Parliamentary Commission, announced in a tweet: Unfortunately, 10% of the people’s justice dividends were not credited to their accounts.

The Stock Exchange and Securities Organization announced on December 23rd: 94% of the profits earned by justice investable companies in 1998 were transferred to the accounts of justice shareholders and 4% of the profits earned in the form of shares of Golgohar Sirjan Company to shareholders. Justice has been allocated and only 2% of the total profit of Iran Telecommunication Company has not been paid.

The Ministry of Economic Affairs and Finance, in response to questions from a Fars reporter, based on information from the Privatization Organization, stated: Was issued by publishers or investable companies in the amount of 88 thousand billion Rials and the unsecured amount was in the amount of 8 thousand and 661 billion Rials.

According to this report, citing the announcement of the stock exchange publishers that no amounts have been paid and also the capital increase from the shareholders’ claims, the total amount of 8 thousand 661 thousand 301 billion 884 million 872 Rials has not been provided from the total amount of cash dividends of justice shareholders.

Regarding the non-cash payment of justice dividends, several companies have not paid all or part of the cash dividend to the depository company, of which Iran Telecommunication Company has not paid any amount of cash dividend.

Iran Telecommunication Company should have paid 2 thousand and 992 billion Tomans of profit to the shareholders of justice, but it has not paid this amount.

Also, Golgohar Sirjan Company should have paid 4,690 billion tomans of profit to the shareholders of justice, but instead it has made the payment through capital increase.

Jam Petrochemical Company has 622 billion tomans of unpaid profit, which has been paid through capital increase instead.

National Iranian Copper Company has 68 billion tomans of unpaid profit, which has somehow paid through capital increase.

Darab Cement Company has an unpaid profit of 50 billion Tomans, which has been paid to provincial companies.

Petrochemical Transportation Company has not paid 40 billion Tomans in profit and has been paid by provincial companies instead.

Iran Alloy Steel Company has 15 billion Tomans and Bank Mellat has 15 billion Tomans of unpaid dividends on justice shares, both of which have announced that they have compensated in the form of payment of provincial companies.

Also, in the issue of selling justice shares, 3 million 250 thousand 974 people have so far succeeded in selling a part of their justice shares.

Regarding the Fars reporter’s question about the amount of cash profit of each justice shareholder, the private organization also announced: Justice shareholders who have chosen the indirect management method with an initial value of 532 thousand Tomans, 125 thousand and 514 shares, one thousand Rials share of provincial investment companies in In the fiscal year 1398, a cash dividend of 1,567 Rials was allocated per share. Therefore, the cash profit of the fiscal year of each shareholder of justice with an initial value of 532 thousand Tomans was one million 967 thousand 601 Rials, of which more than 90% of this amount was transferred to the account of the shareholders of justice in two stages.

Also, the cash dividends of the shareholders who have chosen the direct management method are obtained by aggregating the cash dividends of 36 listed companies in the justice stock portfolio. Direct also received more than 90% of their cash dividends.

Regarding the cash dividend of fiscal year 99, due to the holding of meetings of companies in the portfolio of justice shares, dividends of justice shareholders will be gradually received from these investable companies and will be deposited in the accounts of justice shareholders in the coming months.

According to the latest statistics of the Privatization Organization in the third October This year, the number of justice shareholders is 49 million 148 thousand 775 people. Those who are alive were 45 million 870 thousand 120 people and the deceased were 3 million 278 thousand 655 people. Of the survivors of justice shares, 27 million 166 thousand 544 people have remained in the indirect management method, ie through provincial companies, and 18 million 703 thousand 576 people have chosen the direct management method, ie management by themselves.

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