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Karachi, In a significant financial announcement, NBP Fund Management Limited has declared interim cash dividends for unit holders of two of its prominent funds, signaling a positive development for investors. The decision to disburse these dividends was made in accordance with the authority granted by the company’s Board of Directors, and it brings good news for those who have invested in NBP’s financial products.
The interim cash dividends for the unit holders of NBP Government Securities Liquid Fund and NBP Money Market Fund have been declared as follows:
For NBP Government Securities Liquid Fund:
Cash Dividend per unit: 0.1657 Rupees
Cash Dividend as a % of par value (Rs 10): 1.61%
For NBP Money Market Fund:
Cash Dividend per unit: 0.1604 Rupees
Cash Dividend as a % of par value (Rs 10): 1.61%
Unit holders who are eligible to receive these distributions are those whose names appear in the Register of the aforementioned Funds as of the close of business on September 25, 2023. This measure ensures that those investors who have maintained their positions in these funds until the specified date will be entitled to receive the announced interim cash dividends.
The declaration of these interim dividends underscores NBP Fund Management Limited’s commitment to providing value to its investors and enhancing their returns. It also reflects the prudent financial management and performance of the mentioned funds, which have enabled the company to allocate surplus profits to its unit holders.
Investors and unit holders are advised to check the official communication and relevant documentation from NBP Fund Management Limited for further details on the distribution process and other related information.
This announcement is expected to boost investor confidence in NBP Fund Management Limited and further solidify the company’s reputation as a reliable and customer-centric financial institution.
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