Karachi: Habib Insurance Company Limited has credited the final cash dividend of Rs. 1.00 per share, amounting to 20.0% for the year ending December 31, 2024, to its shareholders. The dividend distribution, approved during the company's Annual General Meeting held on April 29, 2025, was executed through electronic transfers directly into the designated bank accounts of shareholders who submitted their computerized National Identity Card (CNIC) and valid International Bank Account Number (IBAN).
The dividend credit signifies the culmination of the financial year for Habib Insurance Company Limited, marking a notable event in the Pakistan Stock Exchange's (PSX) insurance sector. The company has ensured the efficient transfer of dividends to shareholders, adhering to requisite protocols and leveraging electronic banking systems.
According to information available from the Pakistan Stock Exchange (PSX), the provision of electronic dividend credits aligns with the broader market practices aimed at enhancing shareholder satisfaction and operational efficiency within the financial sector.
Shareholders who have complied with the submission of necessary identification and banking information received their dividends seamlessly, reflecting the company's commitment to maintaining transparency and accountability in its financial transactions. The exchange has been notified to inform TRE Certificate Holders accordingly, ensuring comprehensive communication across relevant stakeholders.