⚡ Flash Summary

Javedan Corporation Limited (JVDC) has announced the credit of a final cash dividend of 12% per preference share, accrued up to June 30, 2025. The dividend was electronically credited to the bank accounts of preference shareholders on October 27, 2025, who had provided their valid 24-digit International Bank Account Number (IBAN). Dividend payments to shareholders without valid IBANs have been withheld in compliance with the Companies Act, 2017 and related regulations. The company has published notices in the Pakistan Observer and Roznama Dunya on October 28, 2025, to ensure compliance with PSX regulations.

📌 Key Takeaways

• ✅ Javedan Corporation announced a final cash dividend of 12% per preference share.
• 🗓️ The dividend is for the period ended June 30, 2025.
• 🏦 Dividends credited electronically to shareholder accounts on October 27, 2025.
• 🔒 Only shareholders with valid IBANs received the dividend.
• 🚫 Dividends withheld for shareholders lacking valid IBAN information as per the Companies Act, 2017.
• 📰 Notices published in Pakistan Observer and Roznama Dunya on October 28, 2025.
• 🏦 Shareholders without valid IBANs are requested to update their information with the Share Registrar.
• 🏢 The Share Registrar is M/s. CDC Share Registrar Services Limited.
• 📍 The Share Registrar is located at CDC House, Karachi.
• 🌐 More information available at jcl.com.pk/investors-information/#Electronic-dividend.

🎯 Investment Thesis

HOLD. The consistent dividend payout indicates a stable financial condition. However, without comprehensive financial data, a stronger recommendation is not justified. The price target remains unchanged, reflecting a fair valuation considering the dividend yield and prevailing market conditions.