How much did the stock of justice fall?
According to Trade News, the overall capital market index fell 0.51 percent and the stock of justice fell in the same range. Of course, the stock of justice had a bigger drop compared to the first week of March.
Justice stocks at the end of the second week of March were not much different from last week. Also, the total stock index fell by less than one percent, ending its work at the level of 1,281,000 units.
The value of the basket of 532 thousand Tomans reached 11 million and 998 thousand Tomans at the end of this week, ie March 3rd. This is while the value of this basket last week stood at the price of 12 million and 170 thousand tomans.
The value of the one million basket also reached 22 million and 601 thousand tomans at the end of this week. The value of this basket last week was equal to 22 million and 926 thousand tomans.
Also, the value of the basket of 492 thousand Tomans reached 11 million and 121 thousand Tomans on Wednesday and the last trading day of this week. This value last week was equivalent to 11 million and 104 thousand tomans.
The marketable value of 60% of the 532 thousand Toman portfolio of justice stocks has reached 2 million and 199 thousand Tomans.
Why have not justice dividends been paid yet?
In February of this year, decisions related to the payment of justice dividends in 1999 were made at the meeting of the Supreme Council of the Stock Exchange, and Ehsan Khandouzi, the Minister of Economy, announced at the end of the same meeting: Major corporate meetings were held in the first half of 1994. But the benefits of the holders of justice have not been paid directly or indirectly so far.
He emphasized: The profit of these shares for shareholders who have one million shares is close to one million Tomans. But for those who have shares of 50,000 Tomans, a dividend of about 55,000 Tomans will be paid.
Recently, Mohammad Baghestani, CEO of the Central Depository for Securities, announced the payment of dividends in the third week of March and announced: Last year, due to non-payment of dividends by investable companies, dividends were paid in two stages. But this year, with the cooperation of investable companies, we are trying to receive all the profits at once and pay them in one step.
IRNA’s follow-up shows that despite the continuous follow-up of the Stock Exchange and Securities Organization and the Central Depository Company, eight companies have not yet paid their dividends.
Surveys show that the companies of Persian Gulf Petrochemical Industries, Iran Telecommunication, Mapna Group and Dashtestan Cement Industries have not paid any amount for justice dividends and Mobarakeh Steel Company of Isfahan, Bandar Abbas Oil Refining Company, Khuzestan Steel and Tabriz Oil Refinery are also part of it. They have deposited their dividends in Samat’s account.
This has made it impossible for the central depository company to pay the dividends of the justice shareholders in one step and in full, before the end of the year.
Read the latest justice stock news on the Trade News website.