Karachi: AL Habib Asset Management Limited has announced interim distributions for three of its funds for the fiscal year ending June 30, 2025. According to a statement from the company, the Chief Executive Officer, under the authority of the Board of Directors, approved the cash dividends for the AL Habib Stock Fund, AL Habib Islamic Stock Fund, and AL Habib Asset Allocation Fund. This decision is set to impact the designated market category listed on the Pakistan Stock Exchange (PSX).

Unit holders of the AL Habib Stock Fund will receive a cash dividend of Rs. 52.0000 per unit. Similarly, a cash dividend of Rs. 27.0000 per unit has been approved for the AL Habib Islamic Stock Fund. The AL Habib Asset Allocation Fund will provide a cash dividend of Rs. 67.8608 per unit. These distributions will be paid to unit holders registered as of June 27, 2025.

According to information available from the Pakistan Stock Exchange (PSX), these developments are part of a broader trend within the industry, reflecting the asset management company's strategy to provide returns on investment to its stakeholders. The announcement underscores the company's ongoing commitment to its investors as it navigates the financial landscape.