HBL Asset Management Distributes 12% Interim Cash Dividend for 2023 to Unit Holders

Karachi, HBL Asset Management Limited is pleased to announce the distribution of an interim cash dividend to the unit holders of the fund for the year ended June 30, 2023. The dividend, amounting to Rs. 1.20 per unit, i.e., 12% of the unit value, was electronically credited into the designated bank accounts of the unit holders on July 19, 2023.

However, the fund has withheld dividends for certain unitholders who have not yet provided their IBAN numbers and/or a valid copy of their CNICs to the company. This requirement is essential for processing dividend payments efficiently and ensuring that the rightful recipients receive their entitlements.

HBL Asset Management Limited remains committed to delivering value to its unit holders and encourages those affected to promptly provide the necessary documentation to receive their dividends.