⚡ Flash Summary

Javedan Corporation Limited has announced the credit of a final cash dividend of 12% per preference share for the period ended June 30, 2025. The dividend has been electronically credited to the bank accounts of preference shareholders who provided their valid 24-digit International Bank Account Numbers (IBANs) on October 27, 2025. Dividend payments have been withheld from shareholders who have not provided valid IBANs, in compliance with the Companies Act, 2017 and related regulations. The company has published notices in the Pakistan Observer and Roznama Dunya to ensure compliance with PSX regulations, and requested shareholders to update their IBAN details with the Share Registrar, CDC Share Registrar Services Limited.

📌 Key Takeaways

• ✅ Javedan Corporation Limited declared a final cash dividend of 12% per preference share.
• 🗓️ Dividend applies to the period ended June 30, 2025.
• 🏦 Dividends were credited electronically on October 27, 2025, to shareholders with valid IBANs.
• 🚫 Dividend payments withheld from shareholders lacking valid IBANs, complying with Companies Act 2017.
• 📰 Notices published in Pakistan Observer and Roznama Dunya on October 28, 2025, for compliance.
• 📝 Shareholders need to update/rectify IBAN details via CDC Share Registrar Services Limited.
• 🏢 Share Registrar located at CDC House, Karachi.
• 🔗 Company’s website provides more details: https://jcl.com.pk/investors-information/#Electronic-dividend.
• 📅 Approved at the 63rd Annual General Meeting of the Company held on October 18, 2025.
• 💳 Shareholders must submit their Computerized National Identity Card (CNICs) and valid International Bank Account Numbers (IBAN).
• 📵 Dividends withheld from those who have not provided valid CNICs.
• 🕒 Shareholders are requested to contact the Company’s Share Registrar during business hours.
• 🏦 Contact Participant/Investor Account services of Central Depository Company of Pakistan Limited or their Stock Broker
• 📑 Provide a legible copy of their respective valid CNIC along with complete bank account details including 24 digit IBAN
• 📄 Fill in the form available on the Company’s website link

🎯 Investment Thesis

Based on the announcement of a 12% dividend for preference shareholders, the recommendation is HOLD. This is because while the dividend provides a steady income stream, there’s no indication of significant growth potential. The company appears to be stable and compliant with regulations, but further analysis of its overall financial health is needed before considering a BUY. The time horizon is MEDIUM_TERM, as the dividend yield could continue in this time.