Bank Novin Sets Dividend Payment Schedule: SEJAM Holders Paid From August 19, Last Group Waits Until October 21, 2026
Bank Eqtesad Novin (Tehran Stock Exchange ticker: Vanovin) has announced its dividend payment schedule for the fiscal year ended March 20, 2026. SEJAM-registered shareholders are paid from August 19, 2026; non-SEJAM individuals and funds from September 22; and other non-SEJAM legal shareholders from October 21.
Transcript
Bank Eqtesad Novin has announced the official payment schedule for its shareholder dividend. Under the notice, Sejam registered shareholders are paid before everyone else. The first group, Sejam registered shareholders, gets paid starting August nineteenth. The schedule follows approval of the fiscal fourteen oh four financial statements at the bank's assembly. Non Sejam individuals and funds wait until September twenty second, some until October twenty first. Just days earlier, Bank Mellat announced a similar payment schedule for its own shareholders. Central Bank capital adequacy rules typically cap how much cash banks can pay out as dividends. Sejam payments are centralized and automatic, so banks use that channel for the first payment wave. Based on interim reports, net profit grew sixty two percent and operating income grew forty four percent. Getting the dividend on time matters directly for retail shareholders' financial planning. The annual assembly approved the financial statements, then the payment schedule was published on Codal. Analysts say this notice only sets the payment timing, not the stock's actual value. For bank stocks, earnings per share, the price to earnings ratio, and capital adequacy are among the key measures. The audited financial statements and how smoothly the Sejam payments go are worth watching in the coming weeks. What's your take on bank dividend payouts? Leave a comment on Sahmino.
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