Dividend payment infrastructure in SJAM is ready and waiting for the adoption of the new market law

According to Fars News Agency, quoting the Radio and Television Agency, the head of the Stock Exchange and Securities Organization said about the payment of companies’ profits through the SJAM system: “The necessary technical infrastructure for this has been fully created in the Central Securities Depository and Settlement Company.”

Majid Eshghi, stating that although now is not the time to distribute dividends to companies, added: “For some companies, the legal requirement to pay dividends through the SJAM system should be approved, because some banks on the stock exchange announced that because we are banks We pay the dividend ourselves.

He said: “The Stock Exchange and Securities Organization has proposed the legal obligation of companies to pay profits through the SJAM system in the draft plan to amend the securities market law.”

In the end, the head of the Stock Exchange and Securities Organization said: “As we promised, all the necessary technical infrastructure will be done in the last two months, and with the approval of the new law on the securities market in the Islamic Consultative Assembly, we will see dividends paid by all companies in the capital market.” We will be.

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