Shares of Iran Tractor Industrial Group outpaced its yesterday settlement price by 5%. The news of paying high cash dividend by Siba Motor Co., one of the Iran Tractro’s subsidiaries, increased the buying pressure on Machinery & Equipment sector. Iran Tractor Industrial Group announced 760 IRR EPS for FY2014 which could be increased by 210 IRR due to this dividend. The rumors say that Siba Motor has the ability of dividing 600 IRR bn in its assembly general meeting. The part of Iran Tractor from this split will be 210 IRR per share.