Karachi, HBL Asset Management Limited is pleased 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. 0.40 per unit, i.e., 4% 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 step is essential to ensure accurate and efficient processing of dividend payments and to protect the interests of the rightful recipients.
HBL Asset Management Limited remains committed to providing value to its unitholders and encourages those affected to promptly provide the required documentation to receive their dividends.