HBL Asset Management Announces Interim Cash Dividend for HGFA Investors

Karachi: HBL Asset Management Limited has declared an interim cash dividend of 0.75 per unit, equating to 7.50%, for its HBL Growth Fund Class A (HGFA) for the year ended June 30, 2024. According to information available from the Pakistan Stock Exchange (PSX), the dividend was electronically transferred to the designated bank accounts of the fund’s unitholders on July 10, 2024.

However, the company has withheld dividends for certain unitholders who have failed to provide their International Remittance Account Number (IRAN) and a valid copy of their Computerized National Identity Cards (CNICs). These unitholders are urged to submit the necessary documentation to receive their dividends.

HBL Asset Management has instructed that the TRE Certificate Holders of the exchange be notified of this update.

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