Karachi: Al Meezan Investment Management Limited has announced an interim cash dividend payout of Rs. 3.50 per unit, representing 35% of the par value of Rs. 10 per unit, for the Meezan Pakistan Exchange Traded Fund (MZNPETF). This decision was made under the authority delegated by the Board of the Company and was approved by the Chief Executive Officer.
The dividend is based on the profit earned by the MZNPETF for the fiscal year ending June 30, 2026. The company has specified that the register of unitholders will be closed on June 29, 2026. Unitholders whose names appear in the register by the close of business on June 24, 2026, will be eligible to receive this interim distribution.
According to information available from the Pakistan Stock Exchange (PSX), the announcement aligns with the company's strategic financial management and ongoing commitment to provide returns to its investors.
The designated market category for this announcement is the financial sector, with a specific focus on investment management and exchange-traded funds. Al Meezan Investment Management Limited continues to play a pivotal role in enhancing investor wealth through well-timed and calculated financial decisions.