Habib Modaraba 1st Declares Noteworthy Dividend, Stands Out in Financial Sector

Karachi, Habib Modaraba 1st (FHAM), a leading entity in the modaraba sector, announced a remarkable 20% dividend for the year ending in 2024, solidifying its position in the financial market. The company, with a significant paid-up capital of 1,108.31 million, has been a consistent performer, offering a share rate of Rs. 7.75. The declaration of a 20% dividend underscores Habib Modaraba’s strong financial health and its dedication to rewarding its shareholders. With an earnings per share of Rs. 6.81 for the January-March 2024 period and listed since 1985, FHAM’s strategic approach to growth and stability is evident. Its market lot size of 500 and a par value of Rs. 5 highlight its accessibility and appeal to investors.