What is the story of Shebander’s low cash deposit? / Did the brokerages make a mistake?

According to Tejarat News, although a month has passed since the beginning of the cash dividend payment period of Bandar Abbas Oil Refining Company, Shabandar shareholders say that only 20% of the declared cash dividend has been transferred to their account.

According to the announcement published in Kadal, based on the payment schedule of cash dividends of Shebander shareholders, a dividend of 385 Tomans per share was supposed to be paid to those shareholders who registered in Sajam, from the second of September, but a month later The entire amount of the announcement has not been paid and part of it has been transferred to the shareholders’ account.

Meanwhile, people who do not have a stock exchange code can also receive their cash profit by referring to the Welfare Bank and announcing their stock exchange code from October 6th.

However, Shabbat does not seem to have underestimated earnings per share, and this discrepancy in the amount announced by the brokerage and the amount paid was due to a miscalculation by some brokerages. In fact, cash dividends are the number of shares owned by shareholders before the capital increase. Some brokerages, on the other hand, calculated the total cash dividend for the number of shares after the capital increase. For this reason, there is a huge difference between the paid cash dividend and the calculated cash dividend in the shareholders’ portfolio.

At the Annual General Meeting of Shebandar, which was held on July 17, the company realized a profit of 4673 Rials per share and distributed 3850 Rials among its shareholders.

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