BoD approves final dividend.KARACHI, July 09, 2009 (Balochistan Times) -- The Board of Directors of HBL (Hue Brightness Luminosity) A color space that is similar to the HSB and HSV models. See HSB. Asset Management Limited, the Management Company of HBL Income Fund, (the fund), has announced final dividend for the year ended June 30, 2009.The Board approved Final Dividend at Rs 2.50 per Unit in the form of Bonus Units for A&B Classes of Units and Cash Dividend of Rs. 2.50 per units for Class C Unit for the year ended June 30,2009. The bonus Units will be issued based on the Ex-Dividend NAV See navigation system and navigation bar. as on June 30, 2009. Unit holders who have opted to en-cash the bonus Units at the ex-Dividend net Asset Value (NAV) will receive cash payout pay·out n. 1. The act or an instance of paying out. 2. A percentage of corporate earnings that is paid as dividends to shareholders. based on Ex-Dividend NAV as on June 30, 2009. Unit Holder whose names are included in the register on June 30, 2009 will be entitled en·ti·tle tr.v. en·ti·tled, en·ti·tling, en·ti·tles 1. To give a name or title to. 2. To furnish with a right or claim to something: to Cash Dividend/ Bonus Units. This payout is in addition to three interim dividends paid earlier in the year, of Rs. 7.75 per Unit, thereby, bringing the total dividend pay out to Rs. 10.25 per Unit. Sales/ redemption/ transfer/ conversion and pledge of Units will resume from July 8, 2009. (THROUGH ASIA Asia (ā`zhə), the world's largest continent, 17,139,000 sq mi (44,390,000 sq km), with about 3.3 billion people, nearly three fifths of the world's total population. PULSE) |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion