AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Karachi: The Chief Executive Officer of UBL Fund Managers Limited, authorized by the Board of Directors, has declared interim dividends for several funds as of June 28, 2024. This distribution spans various sectors and asset classes, reflecting the diverse investment strategies of the company.
The UBL Financial Sector Fund and the UBL Income Opportunity Fund lead with high dividends of 24.55% and 24.02% respectively, amounting to Rs. 24.5494 and Rs. 24.0154 per unit. The AL AMEEN Islamic Income Fund and the UBL Government Securities Fund also declared significant dividends of 19.59% and 22.29%, with payouts of Rs. 19.5869 and Rs. 22.2915 per unit.
According to information available from the Pakistan Stock Exchange (PSX), other funds such as the AL-AMEEN Islamic Energy Fund, UBL Stock Advantage Fund, and AL-AMEEN Shariah Stock Fund offered dividends of 7.27%, 6.42%, and 5.02% per unit respectively. These distributions demonstrate UBL Fund Managers’ commitment to providing value to its investors across various fund categories.
Unit holders registered by the close of business on June 28, 2024, are entitled to these dividends, ensuring that the benefits of the company’s performance are appropriately shared among its investors.