Karachi: Trust Modaraba has successfully distributed its final cash dividend for the fiscal year ending June 30, 2024. The dividend, amounting to Rs. 0.5 per certificate, represents a 5% yield and was electronically transferred to certificate holders on October 18, 2024.

This dividend distribution is in line with the company's performance for the year and reflects Trust Modaraba’s ongoing commitment to its investors. According to information available from the Pakistan Stock Exchange (PSX), the transfer was made to accounts that had provided complete details of their International Bank Account Number (IBAN).

The transfer of the dividends directly into the bank accounts of certificate holders ensures a smooth and efficient process, highlighting Trust Modaraba’s adherence to modern financial practices and its focus on shareholder satisfaction. This electronic method of payment not only expedites the process but also reduces the potential for errors that can occur with traditional paper checks.

Trust Modaraba, managed by Al-Zamin Modaraba Management (Private) Limited, continues to uphold its reputation for consistent shareholder value and transparency in operations. This latest dividend payment is a testament to their stable financial management and strategic planning.