Karachi: The Board of Directors of Arif Habib Dolmen REIT Management Limited, the management company of Dolmen City REIT, declared an interim cash dividend of Rs. 0.55 per unit during a meeting held on Thursday, March 27, 2025. This meeting took place at the Arif Habib Centre, 23 M.T Khan Road, Karachi.
The interim dividend represents a 5.5% payout, annualized at 22.0%. This new dividend is in addition to the previously distributed interim dividend of Rs. 1.05 per unit, equating to 10.5% or an annualized return of 21.0%. Consequently, the cumulative interim dividends for the financial year 2024-2025 now total Rs. 1.60 per unit, reflecting a 16.0% payout. The dividend will be distributed to unit-holders listed in the register as of Wednesday, April 9, 2025.
The Share Transfer Books of the Scheme are scheduled to be closed from April 10, 2025, to April 12, 2025. Transfers submitted by the close of business on April 9, 2025, at the office of the share registrar, M/s. CDC Share Registrar Services Limited, located at CDC House, 99-B, Block-B, S.M.C.H.S., Main Shahrah-e-Faisal, Karachi, will be eligible for the dividend.
According to information available from the Pakistan Stock Exchange (PSX), the announcement necessitates informing the TRE Certificate Holders of the Exchange. This development is an essential update for stakeholders within the designated market category, underscoring the consistent financial performance of Dolmen City REIT.