Karachi: Lucky Cement Limited has announced the distribution of a substantial final cash dividend for the fiscal year ending June 30, 2024. Each shareholder of record as of October 8, 2024, has been credited a final dividend rate of Rs.15 per share, which translates to a 150% dividend payout. According to information available from the Pakistan Stock Exchange (PSX), the dividends were electronically deposited into shareholders' designated bank accounts that are compliant with the 24-digit International Bank Account Number (IBAN) system.

The company noted that this financial benefit was extended only to shareholders who have provided complete and valid IBAN details along with their Computerized National Identity Cards (CNICs). Those who have yet to update their records with the company were not included in this round of dividend distribution.

Lucky Cement urged all relevant stakeholders within the financial community to disseminate this information widely to ensure that shareholders are aware of the dividend credit and the requirements for future distributions.

This move underscores Lucky Cement's commitment to timely shareholder returns and adherence to regulatory requirements set forth under the Companies Act, enhancing transparency and efficiency in shareholder communications.