Mes Kavan Namad Clarifies Proposed Dividend Policy Ahead of IPO, Leaving Final Decision to Shareholders
Sahmino Newsroom | 6 November 2026 | 6 days ago
In a Codal filing published on Friday, November 6, 2026, Mes Kavan Namad said its board has proposed paying out up to 80% of profit for fiscal 1405. This is a proposed ceiling, not an approved dividend: shareholders will determine the final distribution at the annual general meeting. In a separate response to questions ahead of its investor presentation, the company said it intends to retain some resources for a second concentrate production line, exploration and further processing. The proposed policy balances cash distributions with development funding.
Sahmino context
What the prices have done since this story was published, and what Sahmino wrote around it
Over the same days, Tehran Stock Exchange Index rose 6.5 percent, to 8,427,304.
Over the same days, US Dollar fell 1.1 percent, to 2,640,700 rial.
- Tehran Stock Exchange Index
- +6.5%
- US Dollar
- −1.1%
Prices to the close of 11 November
From Sahmino that week
Dividend payment: BFJR
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