UBL Pakistan Enterprise ETF Displays Strong Dividend Yield

Karachi: The UBL Pakistan Enterprise ETF, trading as UBLPETF, posts a rate of PKR 13.20 for today, with an equivalent daily weighted average rate. With a fund size of PKR 32.562 million as of June, the ETF has a distribution yield of 7.20% and a dividend yield of 14%. The par value is PKR 10 for this ETF, traded in lots of 500. Since its inception in 2020, it has reached a high of PKR 12.1 and a low of PKR 10.26, with a turnover of 31,000 and an iNAV of PKR 12.04 for the current year.

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