AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Karachi, The Chief Executive Officer of NBP Fund Management Limited, backed by the Board of Directors, has declared interim cash dividends for several funds, as listed in the register of the company as of June 26, 2024. Unit holders eligible for these dividends are those whose names were registered by the close of business on the specified date.
The announcement outlined the interim distribution for thirteen different funds, detailing both the dividend per unit in rupees and as a percentage of the par value (Rs 10). The dividends range from a low of 1.69% for the NBP Government Securities Liquid Fund, reflecting a dividend per unit of Rs. 0.1685, to a high of 45.35% for the NBP Sarmaya Izafa Fund, translating into Rs. 4.5347 per unit.
Significant distributions were also declared for the NBP Riba Free Savings Fund and the NBP Mahana Amdani Fund, with dividends per unit of Rs. 2.1174 and Rs. 2.2882 respectively, equating to 21.17% and 22.88% of the par value. Other notable funds include the NBP Islamic Sarmaya Izafa Fund and the NBP Income Fund of Fund, which saw dividends of Rs. 4.5324 and Rs. 2.2128 per unit, corresponding to 45.32% and 22.13% of par value.
According to information available from the Pakistan Stock Exchange (PSX), the TRE Certificate Holders have been advised of the interim distributions. This announcement is part of NBP Fund Management Limited’s ongoing commitment to providing value to its investors and maintaining transparency in its financial distributions.