Madiran Group Assembly Approves a 100 Rial Dividend Against Earnings of 254 Rials per Share
19 October 2026 | 10 hours ago
The annual ordinary general assembly of Madiran Group (symbol IOMZ on Sahmino) on Monday 19 October 2026 (27 Mehr 1405) approved a cash dividend of 100 rials per share for the financial year ended 31 Khordad 1405 (21 June 2026). According to the assembly summary filed on Codal, earnings per share are 254 rials and the company's net income was 5,940,806 million rials.
The approved payout totals 2,340,000 million rials on a capital of 23,400,000 million rials, which is about 39.4% of net income. Retained earnings at the end of the period were stated at 12,923,281 million rials before distribution and 10,583,281 million rials after counting this year's approved dividend. The assembly also elected a two-year board and ratified all transactions covered by Article 129 of the Commercial Code.
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