Karachi: Premium Textile Mills Limited has announced the successful distribution of the final cash dividend for the financial year ended June 30, 2026. The dividend, set at Rs.15 per share, equating to a 150% payout, was electronically credited on October 16, 2026, to shareholders who have complied with the necessary identification and banking requirements.
The approval for this final cash dividend was granted during the company's 39th Annual General Meeting, which took place on October 9, 2026. Shareholders who were recorded in the company's register by the close of business on October 1, 2026, and provided their valid National Identity Card (CNIC) and International Bank Account Number (IBAN), received their dividend payments directly into their bank accounts.
According to information available from the Pakistan Stock Exchange (PSX), the company has adhered to the Companies (Distribution of Dividends) Regulations, 2017, by withholding payments for shareholders whose CNIC or IBAN details are missing. Multiple reminders and letters have been dispatched to these shareholders, urging them to update their information.
For record purposes, shareholders can access the details of their cash dividends through the Centralized Cash Dividend Register (CCDR) developed by the Central Depository Company (CDC) via their online portal. The initiative ensures transparency and accessibility for shareholders seeking to verify their dividend payments.