Karachi: The United Insurance Company of Pakistan Limited has announced a 20% interim cash dividend for the second quarter of 2024, equating to Rs. 2 per share. This decision was made by the Board of Directors during their meeting on August 29, 2024. The interim dividend pertains to the financial period ending on June 30, 2024.

The designated beneficiaries of this dividend are shareholders listed in the company's Register of Members as of September 10, 2024. According to information available from the Pakistan Stock Exchange (PSX), this measure adheres to regulation no. 5.6.9 (b) of the PSX Rule book. The Share Transfer Books will remain closed from September 11 to September 13, 2024, encompassing all relevant transactions up to the close of business on September 10.

In a forthcoming step, The United Insurance Company is set to publish the details of this interim cash dividend and book closure in the "Business Recorder" and "Nai Baat" newspapers, ensuring compliance and informing all pertinent stakeholders, particularly the certificate holders of the Exchange.