⚡ Flash Summary
Pakistan Stock Exchange Limited (PSX) has announced a final cash dividend of Rs. 1.70 per share, which is equivalent to 17%. This dividend was approved by the shareholders during the Annual General Meeting held on October 28, 2025, for the fiscal year ending June 30, 2025. The dividend has been electronically credited to the bank accounts of eligible shareholders, except in cases where withholding was required under the Companies Act, 2017 and related regulations. Shareholders can access details of the dividend payment through the Centralized Cash Dividend Register (CCDR).
📌 Key Takeaways
- 💰 PSX announces a final cash dividend of Rs. 1.70 per share.
- 💸 The dividend is equivalent to 17% of the share value.
- ✅ Dividend approved at the Annual General Meeting on October 28, 2025.
- 📅 The dividend pertains to the fiscal year ending June 30, 2025.
- 🏦 Payments were electronically credited to eligible shareholders’ bank accounts.
- 🛡️ Withholding applied where required by the Companies Act, 2017 and related regulations.
- 💻 Shareholders can view dividend details via the Centralized Cash Dividend Register (CCDR) at https://csp.cdcaccess.com.pk/#/login.
- 📰 The dividend announcement will be advertised in Business Recorder and Nawa-i-Waqt on November 8, 2025.
- 📞 Shareholders with queries can contact the Company Secretariat or FAMCO Share Registration Services.
- 🏢 The announcement was made on November 7, 2025, in Karachi.
- 📜 The dividend distribution adheres to the Companies (Distribution of Dividends) Regulations, 2017.
🎯 Investment Thesis
Based on the announcement of a 17% final cash dividend, a HOLD recommendation seems appropriate. The dividend is a positive sign, but a comprehensive evaluation of PSX would require a deeper analysis of its financial performance, growth prospects, and industry dynamics. A potential price target would necessitate a detailed valuation model incorporating these factors. Without this detailed analysis, a HOLD recommendation is warranted.
Disclaimer: AI-generated analysis. Not financial advice.