Islamabad, Pakistan Hotels Developers Limited has declared a significant dividend of 40% as it announces the closure of its transfer books from May 21, 2024, to May 23, 2024. According to information available from the Pakistan Stock Exchange (PSX), shareholders should note that the dividend will be payable following the ex-dividend date set for May 17, 2024. This substantial dividend highlights the company's continued profitability and commitment to returning value to its shareholders.