JS Investments Announces Final Dividend for JS Momentum Factor ETF

Karachi: JS Investments Limited has declared a final cash dividend for the JS Momentum Factor ETF (JSMFETF) for the fiscal year ending June 30, 2024. The board of directors, in a meeting held on July 30, 2024, approved a dividend payout of Rs. 5.36 per share, which translates to a yield of 53.6%.

The final dividend follows a year with no interim dividends paid. Unit holders registered by August 12, 2024, will be eligible for the dividend, with the share transfer books of the fund closing from August 13 to August 16, 2024. According to information available from the Pakistan Stock Exchange (PSX), all transfers must be received by the close of business on August 12 to qualify for the dividend.

This announcement is issued for the information of all unit holders and TRE Certificate Holders of the exchange.