JS Investments Limited Announces Interim Cash Dividend for JSMFETF Unitholders

Karachi: JS Investments Limited has announced the credit of an interim cash dividend for unitholders of the JS Momentum Factor ETF, as per a notice to be published in major newspapers on July 2, 2025. The announcement follows approval from the Chief Executive Officer, who acted under delegated authority from the Board of Directors on June 19, 2025.

The interim cash dividend amounts to Rs. 1 per share, representing a 10% dividend for the year ending June 30, 2025. This dividend has been electronically credited to the designated bank accounts of entitled unitholders who have submitted valid identification and banking details. This development falls under the designated market category of the Pakistan Stock Exchange.

According to information available from the Pakistan Stock Exchange (PSX), the Central Depository Company of Pakistan Limited has introduced a Centralized Cash Dividend Register, an e-services web portal designed to streamline the management of cash dividends for listed companies. This portal provides unitholders with access to a comprehensive history of dividends and facilitates the retrieval of dividend details for record-keeping.

Furthermore, unitholders can obtain the Dividend/Zakat & Tax Deduction Report through their stockbroker or receive it via email. However, dividends remain withheld for those who have not submitted complete and accurate information, such as valid bank account details. Unitholders are advised to update their information by providing legible copies of their CNICs and valid 24-digit IBANs to their respective brokers or the CDC Investor Account Services to ensure the receipt of their dividends.

This initiative underscores the importance of accurate information submission to facilitate seamless dividend distribution and highlights the role of the Centralized Cash Dividend Register in enhancing transparency and accessibility for unitholders.