Karachi: ABL Funds today announced the electronic distribution of an interim cash dividend for its Secure Savings Plan (SSP) - Plan II for the fiscal year 2023-2024. Shareholders of the fund have received Rs. 0.0051 per share, which translates to a dividend yield of 0.051%, credited to their designated bank accounts on September 24, 2024.
According to information available from the Pakistan Stock Exchange (PSX), ABL Funds has consistently aimed at delivering stable returns to its investors. The recent dividend reflects the fund's ongoing commitment to providing value to its shareholders while maintaining financial stability.
The distribution marks a significant phase in the fiscal operations of the fund, aligning with its projected financial strategies for the year. This dividend issuance is part of ABL Funds' broader strategy to enhance shareholder value through periodic distributions based on the fund’s performance.