Payout: Habib Asset declares dividend

KARACHI: The board of directors of Habib Asset Management has declared final dividend for the year ended June 30, 2013 for unit holders of its funds. Cash dividend for holders of “C” class units of First Habib Income Fund will be Rs0.65 per unit and other unit holders will get 0.6497 bonus units for every 100 units held as on June 30, 2013 on ex-bonus price of Rs100.0490 per unit. For First Habib Stock Fund, the holders of “C” class units will get cash dividend of Rs32.50 per unit and other unit holders will get 32.1853 bonus units for every 100 units held on ex-bonus price of Rs100.9777 per unit. For First Habib Cash Fund, the holders of “C” class units will get cash dividend of Rs0.70 per unit and other unit holders will get 0.6996 bonus units. For First Islamic Balanced Fund, the holders of “C” class units will get cash dividend of Rs9.75 per unit and other unit holders will get 9.6742 bonus units.

Published in The Express Tribune, July 16^th, 2013.

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