AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Karachi, UBL Fund Managers Limited has announced the approval of interim dividends for two of its investment plans, reflecting the company’s commitment to providing returns to its investors.
For the Al-Ameen Islamic Cash Plan-I, operating under the Al-Ameen Islamic Cash Fund, an interim cash dividend has been approved for the period ending August 20, 2023. Investors will receive Re.0.1628 per unit, translating to a dividend yield of 0.16%.
Similarly, UBL Special Savings Plan-V investors will also benefit from an interim cash dividend for the period ending August 18, 2023. The approved dividend for this plan amounts to Re.0.0505 per unit, which represents a dividend yield of 0.05%.
The decision to distribute interim dividends is in line with the company’s strategy to provide timely returns to its unit holders. The entitlements for both investment plans will be credited to unit holders whose names were recorded in the register of unit holders as of the close of business on August 18, 2023.
These dividends not only provide a source of income for investors but also reflect the performance and success of UBL Fund Managers’ investment strategies. Investors are encouraged to stay informed about such dividend declarations and the potential impact on their investment portfolios.
As the financial landscape evolves, UBL Fund Managers remains dedicated to delivering value and returns to its investors through prudent investment decisions and effective management of investment funds.
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