AL Habib Asset Management Announces Interim Cash Dividends for Select Funds

Karachi: AL Habib Asset Management Limited has declared interim cash dividends for certain funds for the fiscal year concluding on June 30, 2025. The announcement was made by the Chief Executive Officer, with the approval of the Board of Directors.

According to the distribution details, the AL Habib Cash Fund will provide a cash dividend of Rs. 14.9535 per unit. Additionally, the AL Habib Islamic Cash Fund will offer a cash dividend of Rs. 13.1889 per unit, while the AL Habib Islamic Savings Fund will distribute Rs. 14.0528 per unit.

The AL Habib Stock Fund, AL Habib Islamic Stock Fund, and AL Habib Asset Allocation Fund will not distribute any cash dividends for this period. The funds' beneficiaries, recorded in the register of unit holders on June 20, 2025, are eligible for these dividends.

According to information available from the Pakistan Stock Exchange (PSX), these distributions are categorized within the market as a part of the asset management sector. The interim dividends reflect the company's financial strategy to allocate returns to its investors based on the performance of its cash and savings funds.