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Karachi, Al Habib Asset Management Limited has announced the approval of interim dividend distributions for two of its funds, as approved by the Chief Executive Officer under the authority of the Board of Directors. The distributions will be applicable for the year ending June 30, 2023.
The first fund, Al Habib Income Fund, will provide a cash dividend of Rs. 4.3434/- per unit to eligible unit holders. Meanwhile, the second fund, Al Habib Islamic Income Fund, will offer a cash dividend of Rs. 3.9918/- per unit.
These dividends will be disbursed to the unit holders whose names appear in the register of unit holders on May 12, 2023. This announcement reflects Al Habib Asset Management’s commitment to providing returns to its investors and aligns with their ongoing efforts to enhance the value of their investment portfolios.