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UBL Stock Advantage Fund Offers 4.42% Distribution in 2023

April 4, 2024 Business & Finance News

Karachi, The UBL Stock Advantage Fund, since its inception in 2006, declared a 4.42% distribution for the year ending June 2023, down from 5.50% the previous year. The fund's offer and redemption prices were noted at Rs 98.68 and Rs 95.97, indicating ...

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IGI Holdings Marks High Dividend Payout and Strong EPS

April 4, 2024 Business & Finance News

Karachi, IGI Holdings Ltd. (IGIHL), known for its significant presence in the insurance sector, has announced a 60% dividend for the year, up from 42.50% in the previous period. The company reported a robust earnings per share (EPS) of Rs. 105 for Jan...

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Engro Powergen Qadirpur Ltd. Posts Strong Financial Results

April 4, 2024 Business & Finance News

Karachi, Engro Powergen Qadirpur Ltd. (EPQL), a key player in the power generation sector, reported a robust EPS of 26.91 for the first quarter of 2024. The company's financial distributions showed a payout of 80% in 2022, followed by a 50% distributi...

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NBP Riba Free Savings Fund Declares 5.77% Distribution for 2022, Announces Distribution for 2023

April 4, 2024 Business & Finance News

Karachi, The NBP Riba Free Savings Fund announced a 5.77% distribution for the year ending June 2022, along with a specific distribution of Rs 0.5334 per unit for 2023. The fund, which came into existence in 2010, with an offer price of 12.02 and a re...

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Pakistan Paper Products Limited Reports Increase in Dividend Payout

April 4, 2024 Business & Finance News

Karachi, Pakistan Paper Products Limited (PPP) has announced an increase in its dividend payout to 40% for the fiscal year 2024, up from the previous year's 25%. This move comes alongside an EPS of Rs. 55.45 for the period from January to March 2024. ...

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Jubilee Life Insurance Reports Strong Dividend and EPS

April 4, 2024 Business & Finance News

Karachi, Jubilee Life Insurance Co. (JLICL) has declared a substantial dividend of 130% with an additional 15% bonus for the year, maintaining the same dividend payout as the previous period. The company revealed an earnings per share (EPS) of Rs. 128...

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Colgate-Palmolive (Pakistan) Announces Record Dividend and Bonus Issue

April 4, 2024 Business & Finance News

Lahore, Colgate-Palmolive (Pakistan) NC has set a new precedent in the consumer goods sector with its remarkable dividend announcement for 2024. The company has escalated its dividend issuance to an unprecedented 650% along with a substantial 145% bon...

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Asianet Pakistan

Asia Net Pakistan is a website that provides press release distribution and publishes news online across various sectors including business, politics, sports, and entertainment. The primary goal is to keep readers informed about happenings that can impact their lives. The website publishes news and highlights issues, urging concerned authorities to address them.

  • Highly Educated Women in Balochistan Making Strides in Legal Profession

    3 days ago
  • SCO Activates Trial 5G Services Across Seven Locations in AJK, GB

    3 days ago
  • Afghan Soil Must Not Be Used for Terrorism: DG ISPR

    3 days ago
  • Kohat Blast Exposes Use of Afghan Soil for Terrorism

    3 days ago
  • Pakistan Calls for Sustained Support for UN Peacekeeping Operations

    3 days ago

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