IRISL's Assembly Pays Out More Than the Year's Earnings: 380 Rials Per Share

The annual ordinary general meeting of the Islamic Republic of Iran Shipping Lines (ticker «حکشتی»), held on Monday, 28 September 2026 (6 Mehr 1405), approved a cash dividend of 380 rials per share for the fiscal year ended 21 June 2026 (31 Khordad 1405). According to the summary of the meeting's decisions filed on Codal the same day, earnings per share for the period were 331 rials, putting the payout ratio at about 114.8 percent: the company is distributing more than the year's net profit to shareholders.

Net profit for the period was 38,434 billion rials, the total approved cash dividend is 44,080 billion rials, and the company's registered capital is 116,000 billion rials. A payout above the year's earnings is normally funded from retained earnings of previous years. The last closing price recorded for the stock, for Sunday, 27 September (5 Mehr), was 8,620 rials.