Day: February 29, 2024

Maqbool Textile Mills Ltd. Announces 10% Dividend Amid Loss

Karachi, Despite reporting a loss with an EPS of 13.54 Rs. for January 2024, Maqbool Textile Mills Ltd. (MQTM) declared a 10% dividend for its shareholders. The company, with a paidup capital of 184.32 million Rs., saw its shares reach a high of 75.9 …

United Bank Limited Sets AGM and Dividend Payout

Islamabad, United Bank Limited has announced a significant dividend payout of 110% to its shareholders. The transfer books will be closed from March 11, 2024, through March 18, 2024, with the book closure starting on March 7, 2024. An AGM is scheduled…

N IT – Asset Allocation Fund Records Slight NAV Decrease in June

Karachi, The N IT – Asset Allocation Fund, as per the recent disclosures to the Pakistan Stock Exchange (PSE), has observed a minor decline in its net asset value, moving from 12.05 to 11.76. The announcement pertains to the financial performance for …

Fauji Fertilizer Company Limited Declares 41% Dividend

Rawalpindi, Fauji Fertilizer Company Limited announced a significant dividend of 41% for its shareholders, effective March 26, 2024. The company has also called for an annual general meeting to be held in Rawalpindi on March 26, 2024, at 10:00 AM, whe…

N IT – Government Bond Fund Announces Dividend for June

Karachi, In a recent update from the Pakistan Stock Exchange (PSE), the N IT – Government Bond Fund has announced a dividend of Rs 0.52 per unit for June. The fund’s NAV experienced a slight reduction, settling at 10.83 from a previous 10.73. Since it…

Oil & Gas Development Company Limited Announces Dividend

Islamabad, Oil & Gas Development Company Limited (OGDCL) has declared a 25% dividend for its shareholders, indicating a positive financial trajectory. The company has set its book closure from March 12, 2024, to March 14, 2024. The announcement is…

Kohinoor Mills Ltd Announces Significant Dividend

Karachi, Kohinoor Mills Ltd. (KML) has declared a 20% dividend for shareholders, marking a successful fiscal year ending in June. With a paidup capital of Rs. 500 million, the company showcased robust trading activity, reaching a high of Rs. 49.99 and…

Meezan Bank Limited Sets 80% Dividend Distribution

Karachi, Meezan Bank Limited has proclaimed an 80% dividend for its shareholders, with the record date set for March 29, 2024. An annual general meeting is scheduled to take place in Karachi on the same day at 9:00 AM to discuss the fiscal outcomes an…

N IT – Income Fund Declares June Dividend

Karachi, The N IT – Income Fund has declared a dividend payment of Rs 0.55 per unit for June, according to the latest financial statements released to the Pakistan Stock Exchange (PSE). The NAV decreased marginally from 11.1 to 10.99. Launched in 2010…

Premier Sugar Mills Receives SECP Nod for AGM Extension

Islamabad, In a recent update from the Pakistan Stock Exchange, The Premier Sugar Mills has been granted an extension by the Securities and Exchange Commission of Pakistan (SECP) for holding its Annual General Meeting (AGM). Originally scheduled post …

Bannu Woolen Mills Ltd. Faces Decline in Earnings

Karachi, Bannu Woolen Mills Ltd., listed under the symbol BNWM on the Pakistan Stock Exchange, reported a significant decrease in its earnings per share, marking a downturn to (36.10) for January 2024 compared to the previous year. Despite a trading v…