Karachi: Shareholders of National Foods Limited have been notified of a 60% interim cash dividend, amounting to Rs. 3.00 per share, for the fiscal year 2026-27. This decision was made during a Board of Directors meeting held on October 26, 2026, concerning the financial results for the first quarter ended September 30, 2026.

According to information available from the Pakistan Stock Exchange (PSX), the interim dividend announcement reflects a significant move in the company's strategy to reward its investors. As part of the dividend distribution process, the company has also announced a book closure period. The Share Transfer Books will be closed from November 09, 2026, to November 11, 2026. Shareholders must ensure their transfers are submitted to the office of the Share Registrar, M/s. CDC Share Registrar Services Limited, by the close of business on November 06, 2026, to be eligible for the dividend.

In compliance with Section 150 of the Income Tax Ordinance, 2001, shareholders are urged to ensure their names appear on the Active Tax-payers List (ATL) to avoid higher tax deductions. The Federal Board of Revenue (FBR) has clarified that withholding tax will be assessed based on the active or non-active status of both principal and joint shareholders, according to their shareholding proportions. Shareholders with joint accounts are required to submit the shareholding proportions to the Share Registrar in writing to ensure accurate tax assessment.