Karachi: EFU General Insurance Ltd has successfully distributed a second interim cash dividend for the year 2024, crediting Rs. 1.50 per share, which represents 15%, directly into the bank accounts of its shareholders on September 12, 2024.
This electronic distribution of dividends underscores EFU General Insurance's commitment to timely shareholder returns. According to information available from the Pakistan Stock Exchange (PSX), the dividend payout is part of the company’s structured financial strategy aimed at maintaining a steady reward system for its investors.
Shareholders who had provided their bank details received the dividend seamlessly, highlighting the efficiency of using electronic systems for such transactions. This method not only ensures rapid processing but also reduces the risk of errors and delays associated with traditional check-based payments.
EFU General Insurance’s approach to digital dividend payments is in line with modern financial practices, offering both convenience and security to its shareholders, and reflects the company’s adaptation to technological advancements in financial transactions.