Pak-Gulf Leasing Company Limited Announces Interim Dividend and Bonus Shares Recommendations

Karachi, Pak-Gulf Leasing Company Limited, a prominent financial institution, held a board meeting on June 8, 2023, at their registered office, during which several important recommendations were made.

Firstly, the Board of Directors proposed an Interim Cash Dividend for the fiscal year ending June 30, 2023, at the rate of Rs. 3.50 per share, equivalent to 35% of the share’s value. This dividend aims to distribute profits to the shareholders and provide them with a return on their investments.

Secondly, the board recommended issuing Bonus Shares to existing shareholders. The proposed ratio is 95 shares for every 100 shares held, indicating a bonus share distribution of 95%. This initiative allows shareholders to benefit from additional shares, further enhancing their ownership in the company.