Karachi: The Board of Directors of Pak-Gulf Leasing Company Limited announced an interim cash dividend following a meeting at the company's registered office on April 22, 2025. The dividend, set at 17.5% or Rs. 1.75 per share, comes as part of the financial strategy for the year ending on June 30, 2025.
This dividend supplements an earlier disbursement, where shareholders received a first interim cash dividend of 22% or Rs. 2.2 per share. The company disclosed that there would be no issuance of bonus shares or right shares for this period. Additional corporate actions or price-sensitive information were also not reported.
The financial assessment for the nine months ending March 31, 2025, reveals the company's ongoing fiscal maneuvers. According to information available from the Pakistan Stock Exchange (PSX), the company's share transfer books will remain closed from May 5 to May 7, 2025. Transfers recorded at the Karachi registrar by the end of business on May 2, 2025, will be eligible for the declared dividend.
Pak-Gulf Leasing also confirmed that the quarterly report for the period ending March 31, 2025, will be disseminated through the Pakistan Unified Corporate Action Reporting System (PUCARS) within the designated timeframe. This update is significant for stakeholders monitoring the company’s financial health and market performance as part of the designated market category.