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$1b in Dividends for Justice Shares

$1b in Dividends for Justice Shares
$1b in Dividends for Justice Shares

Listed government-controlled companies will pay 290 trillion rials ($1.1 billion) in dividends to shareholders of the so-called Justice Shares before the yearend on March 20, said a board member of the Securities and Exchange Organization.  
Mahmoud Goudarzi said the dividends will go to an estimated 49 million Iranians who own such shares, Fars news agency reported at the weekend. 
Justice Shares are shares of major government-owned companies that were given to the six lowest income deciles almost 15 years ago and were not tradable until April 2020.

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