The time of payment of equity dividends has changed – Tejaratnews

According to Tejarat News, Seyyed Mohammad Reza Mirtajuddini pointed out the requirement of the Stock Exchange Organization for the companies to deposit the dividends of Adalat Jama’i shares for a maximum of four months and added: the action of the Stock Exchange Organization in requiring the stock exchange companies to amend the articles of association is admirable. Because in this case, the stock exchange companies will be required to deposit the profits of the assemblies for a maximum of four months, which will benefit the people.

He continued: Considering that part of the people make their living through the stock market, depositing the profits of the assemblies is beneficial for the shareholders and also encourages people to invest in the stock market.

Mirtaj al-Dini also said: Another benefit of this action is that the dividends of Adalat shareholders will be paid earlier and this issue will no longer be postponed until the end of the year.

The maximum time for depositing cash dividends of listed companies was reduced to four months

Stating that in many countries of the world, dividends are paid less than one month, this member of parliament said: When dividends are paid on time, there will be no more money left in the company’s account, and the value of shareholders’ money will not be halved by the rate of inflation. This action is an approach that will ultimately benefit the people.

It should be noted that in the last days of April, the stock exchange organization announced in a notification: by amending the articles of association of the publishers registered with the stock exchange organization, the maximum time for depositing cash dividends of stock exchange companies after the decision of the general meeting was reduced to four months.

Source: Irena