⚡ Flash Summary
Burj Clean Energy Modaraba has announced a final cash dividend of Rs. 0.39 per certificate, representing a 3.9% payout for the year ended June 30, 2025. The dividend was electronically credited to certificate holders’ designated bank accounts on November 5, 2025. Dividend amounts have been withheld for certificate holders who have not provided valid IBANs or CNIC copies, in compliance with the Companies Act, 2017. Notices regarding the dividend credit have been published in the Business Recorder and Dunya newspapers.
📌 Key Takeaways
- 📢 Burj Clean Energy Modaraba declares a final cash dividend.
- 💰 Dividend amount: Rs. 0.39 per certificate.
- 📈 Equivalent to a 3.9% payout for the year.
- 📅 Year-end date: June 30, 2025.
- 🏦 Dividend credited electronically on November 5, 2025.
- ✅ Credited to certificate holders with valid IBANs.
- 🚫 Dividends withheld for those without valid IBAN/CNIC as per Companies Act, 2017.
- 📰 Notices published in Business Recorder and Dunya newspapers.
- 📄 Certificate holders requested to provide necessary documents to receive withheld dividends.
- 🏢 Contact CDC Share Registrar Services Limited to resolve dividend issues.
🎯 Investment Thesis
HOLD. Burj Clean Energy Modaraba’s dividend payout provides a steady income stream. However, the certificate holders need to ensure the provision of mandatory information and compliance to get their share. Price target: maintain current market price. Time horizon: medium term, contingent upon project performance and sector trends.
Disclaimer: AI-generated analysis. Not financial advice.