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Iran’s capital market discloses data on dividends

Business Materials 24 January 2018 17:14 (UTC +04:00)

Baku, Azerbaijan, Jan. 24

By Khalid Kazimov – Trend:

Central Securities Depository of Iran will pay more than 5 trillion rials ($116.2 million by the free market rates) of dividends over the current calendar month (starting on January 20).

Hadi Alipour, an official with the organization, has said that more than 5.7 trillion rials ($132.5) will be paid to the shareholders over the current month.

The maturity date of the bonds of Joopar Passenger & Freight Trains Co, Ministry of Education, RighTel Communications, Ghaed Basir Petrochemichal Products Co, Persepolis Tile & Stone Group fall in the current month, he said.

Saying that Iranian capital market issues over 80 types of bonds, the official added that Central Securities Depository is in charge of paying the dividends.

Main index of the Tehran Stock Exchange (TSE), the largest equity market of the country, surged by 12 percent over the first eight months of the current Iranian calendar year (started March 20), compared to the same period of last year.

According to the latest statistics released by the Central Bank of Iran, main index reached 88775 points in the eight-month period ending Dec. 21.

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