⚡ Flash Summary

JS Investments Limited (JSIL) announced an interim cash dividend of Rs. 1 per share for the JS Momentum Factor ETF (JSMFETF), which equates to a 10% dividend for the year ending June 30, 2026. The dividend, approved on September 23, 2025, will be electronically credited to the designated bank accounts of eligible unitholders who have provided valid CNIC and IBAN details. The announcement also mentions the Central Depository Company of Pakistan Limited’s (CDC) Centralized Cash Dividend Register (CCDR) to facilitate access to dividend information. Unitholders are advised to ensure their CNIC and bank account details are updated to avoid dividend withholding.

📌 Key Takeaways

• 💰 Interim cash dividend of Rs. 1 per share announced for JSMFETF.
• 📈 Dividend represents 10% for the year ending June 30, 2026.
• 🗓️ Approved on September 23, 2025.
• 🏦 Payment will be made electronically to designated bank accounts.
• 🆔 Unitholders must have valid CNIC and IBAN details.
• 🌐 CDC’s CCDR facilitates access to dividend information.
• ⚠️ Dividends may be withheld for incomplete or inaccurate information.
• 📄 Unitholders can update details via Participant/Broker/CDC Investor Account Services.
• 🔗 E-Dividend Mandate Form available at [https://jsil.com/all-downloads/amc-corporate-governance-document/](https://jsil.com/all-downloads/amc-corporate-governance-document/).
• 📰 Announcement to be published in ‘The News’ and ‘Daily Jang’ on October 17, 2025.
• 🏢 JSMFETF is managed by JS Investments Limited (JSIL).
• 🇵🇰 JSIL is based in Karachi, Pakistan.
• 📞 Contact information: Toll-free 0800-00887, Email ir@jsil.com, Website www.jsil.com.
• 💼 Muhammad Khawar Iqbal is the COO & Company Secretary.

🎯 Investment Thesis

Based solely on this dividend announcement, a HOLD recommendation is appropriate for existing investors in JSMFETF. The dividend is a positive sign but more analysis is needed. The price target would remain unchanged until a full fundamental analysis can be performed. Time horizon is medium term (6-12 months).