AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Karachi, The Board of Directors of Pakistan Hotels Developers Ltd. has declared a 1st interim cash dividend for the year ending June 30, 2024. In their meeting held on January 22, 2024, in Karachi the Board recommended a dividend of Rs.3 per share, which amounts to a 30% dividend payout.
The entitlement to this dividend will be given to those shareholders who are registered in the company’s books on January 26, 2024. To facilitate this process, the company’s share transfer books will be closed from January 29, 2024, to January 31, 2024, inclusively. Shareholders are advised to ensure their share transfers are received by the company’s share registrar, M/s. F.D. Registrar Services (Pvt) Ltd., located at the 17th Floor, Saima Trade Tower- A, I.I. Chundrigar Road, Karachi within this timeframe.
This dividend announcement is a significant development for the shareholders of Pakistan Hotels Developers Ltd., reflecting the company’s financial performance and commitment to shareholder returns for the fiscal year 2024.