HBL Asset Management Announces Interim Cash Dividend for HIFA Unit Holders

Karachi: HBL Asset Management Limited has electronically distributed an interim cash dividend for HBL Investment Fund Class A (HIFA) unit holders. The dividend, calculated at 0.26 per unit or 2.60% for the fiscal year ending June 30, 2024, was credited to the designated bank accounts on July 10, 2024.

The company has credited the dividends only to those unit holders who have complied with regulatory requirements by providing their International Bank Account Number (IBAN) and a valid copy of their Computerized National Identity Cards (CNICs). Those who have not yet submitted these details have had their dividends withheld.

According to information available from the Pakistan Stock Exchange (PSX), the timely submission of necessary banking and identification details by unit holders is crucial for the processing of dividends. This protocol ensures compliance with financial regulations and facilitates smooth transactions for investors.

HBL Asset Management urges all certificate holders who have not yet provided their information to do so promptly to ensure they receive their due dividends without delay.

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