Second payout: Habib Asset declares interim dividend

KARACHI: The board of directors of Habib Asset Management Limited, the management company of First Habib Income Fund (FHIF) and First Habib Cash Fund (FHCF), has declared second interim dividend for unit holders for the year ended June 30, 2012. The board, in a meeting held on Tuesday, announced cash dividend of Rs2.70 per unit for unit holders having class ‘C’ units and 2.6910 bonus units for every 100 units for other unit holders of FHIF. For FHCF, the board declared cash dividend of Rs2.80 per unit for unit holders having class ‘C’ units and 2.7859 bonus units for every 100 units for other unit holders. The dividend will be paid on the basis of units held as on January 9, 2012. PRESS RELEASE

Published in The Express Tribune, January 12^th, 2012.