What is the condition for depositing equity dividends? – Tejarat News

According to Tejarat News, Economy Minister Ehsaas Khandozi recently announced the payment of Adalat 1400 dividends until the end of Azar 1401. According to the details published so far, this profit is supposed to be paid to 49 million shareholders of Adalat. Equity dividend of 1400 for each share is about 500 thousand tomans.
According to the minister, the deposit of the remaining profit, which is different for each person, will be done by the end of this year or the beginning of next year.
However, investigations show that the deposit of the first part is not going to take place at the promised time, and its exact time is not known.
What is the reason for delaying the payment of equity dividends?
In this regard, Hossein Gurbanzad, the head of the Privatization Organization, pointed to the holding of the assemblies of equity companies and stated: The assemblies of the companies were held at different times, the assembly of some companies was held in Khordad, others in Tir, and some of them were held in September. According to the commercial law, companies have up to eight months after holding the assembly to pay dividends.
He added: Therefore, the companies whose legal deadline has expired must fulfill their duty and deposit the profit, but some companies that have a deadline according to the law can not deposit. In general, the estimates were that 30 thousand billion tomans of the 60 thousand billion tomans of interest that must be paid by the companies would be collected by the end of autumn, but so far a part of it has been realized. The depository company must collect the remaining interest from the companies.
Investigations show that out of 36 equity companies, only five companies, which were mostly small companies, have deposited their profits. Therefore, only four percent interest has been collected. Considering this issue, it is not possible to imagine an exact time for the payment of equity dividends, and everything depends on the process of depositing profits by companies.
Source: ISNA