⚡ Flash Summary
Lucky Core Industries Limited has announced a final cash dividend of PKR 6.20 per share, which is 310% of the share value. This dividend was approved during the 74th Annual General Meeting held on September 26, 2025. The dividend has been electronically credited to the designated bank accounts of eligible shareholders as of October 7, 2025. Shareholders who have not provided their CNIC and complete bank account details as per regulations will have their dividends withheld.
📌 Key Takeaways
- ✅ Final cash dividend of PKR 6.20/- per share declared.
- 💰 Dividend represents 310% of the share value.
- 🗓️ Approved during the 74th Annual General Meeting on September 26, 2025.
- 🏦 Credited electronically to shareholders’ bank accounts on October 7, 2025.
- 📝 Shareholders must have provided CNIC and complete bank details.
- 🚫 Dividends withheld for those not compliant with CNIC and bank details.
- 📜 Compliance with Companies (Distribution of Dividends) Regulations, 2017.
- 🔗 Shareholders can update details via FAMCO Share Registration Services.
- 🌐 Details also available on the company’s website: https://www.luckycore.com
- 📢 Announcement published in Business Recorder (English) and Roznama Dunya (Urdu).
- ✉️ Company Secretary: Laila Bhatia Bawany
- 🏢 Lucky Core Industries Limited is the company issuing the dividend.
- 📌 Dividend (D-99) is the identifier for this particular dividend announcement.
- October 8, 2025 is the publication date of newspaper ads.
🎯 Investment Thesis
HOLD. While the high dividend yield is attractive, the long-term sustainability of such payouts needs to be assessed. A hold recommendation is based on the need to evaluate future earnings and dividend policies. Price target: Based on dividend yield and sector average, PKR 200, Time horizon: 12 months. This assumes stable earnings and continued dividend payouts.
Disclaimer: AI-generated analysis. Not financial advice.