Lahore: First Capital Investments Limited, the Asset Management Company of First Capital Mutual Fund, has declared a dividend following a board meeting held on September 27, 2024.

During this emergent meeting, the Board of Directors approved a dividend payment at a rate of Rs.0.5215 per unit, which corresponds to a dividend yield of 5.22%. According to information available from the Pakistan Stock Exchange (PSX), this dividend will be distributed to all registered unit holders of the First Capital Mutual Fund as of the close of business on June 28, 2024.

This announcement marks a significant update for investors in the Fund, highlighting the company's ongoing commitment to delivering value to its stakeholders. The decision to distribute dividends is reflective of the Fund's performance and its management's strategy to reward its investors.

Unit holders registered by the June cut-off will automatically receive their dividends, aligning with the company’s policy of direct benefit to investors based on their holdings within the specified timeframe.