When are equity dividends paid? – Tejarat News
According to Tejarat News, the head of the stock exchange organization commented in an interview today about the time of the payment of equity dividends.
According to the head of the stock exchange organization, the dividend of Adalat shares will be deposited after holding the meeting of the receiving companies.
The head of the stock exchange organization said that after holding the meetings of the accepting companies, the dividend of equity shares will be paid in the shortest possible time.
Eshghi announced that these meetings will be held until the end of July.
The time of payment of equity dividends was changed
Seyyed Mohammad Reza Mirtajuddin emphasized that the obligation of stock exchange companies to deposit cash dividends within a period of four months will result in the timely payment of equity dividends, which is in the interest of the people.
Seyyed Mohammad Reza Mirtajuddini pointed out the stock exchange organization’s requirement for the companies to deposit the dividends of the justice assemblies for a maximum of four months and added: the stock exchange organization’s action in requiring the stock companies to amend the articles of association is commendable; 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 stock exchange companies
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: ISNA