Skip to main content
Up to 53% offSee the plans

News | Stocks | Iran

Urmia Sugar (GHUP) Assembly Approves an 18,000-Rial Dividend a Share, 77.7% of Earnings per Share and 2.25 Times Last Year's Total Payout

Sahmino Newsroom | 15 November 2026 | 6 hours ago

GHUPunchanged0.0%126,700rials14 November

The annual ordinary general meeting of Urmia Sugar (GHUP) on Wednesday, 11 November 2026 (20 Aban 1405) approved the financial statements for the year ended 22 July 2026 (31 Tir 1405) and a cash dividend of 18,000 rials a share. According to the codal form published on 15 November 2026 (24 Aban 1405), net profit for the year was 7,951.8 billion rials and earnings per share 23,170 rials, so 77.69 percent of earnings per share is being paid out.

The total payout of 6,177.6 billion rials is struck on capital of 343.2 billion rials. The same form lists the dividend approved at the previous year's meeting as 2,745.6 billion rials (8,000 rials a share), so this year's payout is 2.25 times that. Retained earnings at the end of the period after the meeting's resolutions come to 4,138.4 billion rials. Shareholders present held 81.98 percent of the shares, with Tosee Sanaye Shahd Azarbaijan alone holding 75.96 percent.

Reference:CodalThe original report

Sahmino context

What the prices have done since this story was published, and what Sahmino wrote around it

More from this market