Karachi: The Pakistan Stock Exchange (PSX) has confirmed the issuance of an interim cash dividend for the shareholders of ABL Islamic Cash Fund (ABL ICF) for the fiscal year 2024-2025. According to information available from the Pakistan Stock Exchange (PSX), the dividend amount is set at Rs 0.1527 per share, representing a yield of 1.527%.

On October 2, 2024, the PSX disseminated an announcement detailing that the dividend will be credited electronically to the designated bank accounts of the shareholders on October 1, 2024. This electronic transfer marks a continued effort to streamline and secure shareholder transactions.

The General Manager of the Pakistan Stock Exchange, located at the Stock Exchange Building on Stock Exchange Road in Karachi, played a crucial role in overseeing the distribution process, ensuring that the dividend distribution was executed seamlessly.

The interim dividend is expected to positively impact shareholder returns, reflecting the fund's operational success over the current fiscal year. The proactive distribution further underscores the PSX's commitment to maintaining transparent and efficient market operations.