⚡ Flash Summary

Popular Islamic Modaraba has announced the electronic crediting of the final cash dividend. The dividend is at a rate of Rs. 1 per certificate, which equates to 10% for the year ended June 30, 2025. The announcement was made by the Board of Directors on October 3, 2025. The dividend will be deposited into the designated bank accounts of certificateholders on November 10, 2025.

📌 Key Takeaways

• 💰 Final cash dividend credited electronically.
• 💸 Dividend rate: Rs. 1 per certificate.
• 💯 Equivalent to 10% for the year.
• 📅 Year ended: June 30, 2025.
• 🗓️ Board announcement date: October 3, 2025.
• 🏦 Credited to certificateholders’ bank accounts.
• ⏳ Payment date: November 10, 2025.
• ✅ Dividend approved by Board of Directors.
• 📜 Formal notification to Pakistan Stock Exchange.
• 🏢 Popular Islamic Modaraba is the issuer.
• 🔍 Modaraba structure signifies Islamic finance principles.
• 🇵🇰 Company is based in Karachi, Pakistan.

🎯 Investment Thesis

Based on the dividend announcement, a HOLD recommendation is appropriate. The dividend payout is a positive sign, but further due diligence is needed to assess the company’s overall financial performance and risk profile. Price target and time horizon depend on broader market conditions and company-specific developments.