HBL Asset Management Delivers 14% Interim Cash Dividend to Unitholders for 2023

Karachi, HBL Asset Management Limited is delighted to announce the successful distribution of an interim cash dividend to the unitholders of the fund for the year ended June 30, 2023. The dividend, amounting to Rs. 1.40 per unit, i.e., 14% of the unit value, has been electronically credited into the designated bank accounts of the unitholders on July 19, 2023.

While the majority of unitholders have received their dividend payments, the fund has withheld dividends for those unitholders who have not yet provided their IBAN numbers and/or a valid copy of their CNICs to the company. This essential requirement ensures secure and efficient processing of dividend payments and safeguards the interests of the rightful recipients.

HBL Asset Management Limited is dedicated to providing value to its unitholders and encourages those affected to promptly provide the required documentation to receive their dividends.