Day: November 3, 2023

HBL Islamic Income Fund Announces Distribution for 2023

Karachi: The HBL Islamic Income Fund declared a distribution of 5.20%, which translates to Rs 5.00 per unit. It posted an offer price of Rs. 105.52 and a redemption price of Rs. 103.77 for the year ending June 2023. The fund has been part of the Pakis…

Tata Textile Mills Ltd. Cuts Dividends Despite High Share Activity

Karachi: Tata Textile Mills Ltd. (TATM) closed its share price at Rs. 65.00, consistent with its daily weighted average rate. The company has declared a 50% dividend for 2023, down from a 125% dividend in 2022, and distributed no dividend in 2021. Tat…

HBL Islamic Money Market Fund Distributes Rs 4.20 per Unit

Karachi: A distribution of 4.20%, or Rs 4.20 per unit, was announced by the HBL Islamic Money Market Fund. The fund had an offer price of Rs. 102.32 and a redemption price of Rs. 101.17 for the period ending in June 2023. It has been listed on the Pak…

Prosperity Weaving Mills Ltd. Declares a 30% Dividend for 2023

Karachi: Prosperity Weaving Mills Ltd. (PRWM) today closed at a share price of Rs. 26.99. The company, with a paid-up capital of Rs. 184.80 million, announced a 30% dividend for 2023, down from 100% in 2021 and 50% in 2022. The shares, which have a pa…

HBL Islamic Stock Fund Declares Highest Distribution at 29%

Karachi: The HBL Islamic Stock Fund offered a notable distribution of 29%, with an offer price of Rs. 85.89 and a redemption price of Rs. 83.99. No specific distribution per unit was reported for the fund which has been on the Pakistan Stock Exchange …

HBL Multi Asset Fund Announces 4% Distribution

Karachi: A 4.00% distribution was reported by the HBL Multi Asset Fund, with the fund holding an offer price of Rs. 99.73 and a redemption price of Rs. 97.53 as of June 2023. There was no specific distribution per unit disclosed. This fund has been li…

Ahmad Hassan Textile Mills Limited Declares 7.5% Dividend

Karachi, Ahmad Hassan Textile Mills Limited has declared a dividend distribution of 7.5% for the year ending 2023, as revealed by the Pakistan Stock Exchange (PSE). The company also declared a 22.50% distribution for 2022. Listed since 1992, Ahmad Has…