⚡ Flash Summary
National Foods Limited has announced an interim cash dividend of Rs. 18.00 per share (360%) for the first quarter of the financial year ending June 30, 2026. The decision was made during the Board of Directors meeting on October 20, 2025. The share transfer books will be closed from November 3, 2025, to November 5, 2025. Shareholders must ensure their tax status is active to avoid higher tax deductions on the dividend.
📌 Key Takeaways
- 💰 Interim cash dividend announced: Rs. 18.00 per share.
- 💸 Dividend rate: 360% of the share value.
- 🗓️ Approved on October 20, 2025.
- 📅 Financial year-end: June 30, 2026.
- 🔒 Book closure: November 3-5, 2025.
- ➡️ Transfers by October 31, 2025, eligible for dividend.
- ⚠️ Tax deduction rules apply.
- ✅ Active Taxpayer List (ATL) compliance is crucial.
- 🧾 Joint shareholders to declare proportions.
- 🏢 Corporate shareholders to update NTN.
- 📄 NTN certificate required for physical shareholders.
- 🚫 Exemption certificate submission deadline: October 31, 2025.
- 📍 Registered Office: Karachi, Pakistan
- 🌐 More info: nfoods.com
🎯 Investment Thesis
Based on the announcement of a significant interim cash dividend, a BUY recommendation is warranted for NATF. The high dividend yield of 360% makes the stock attractive for income-seeking investors. A reasonable price target can be estimated by considering the company’s historical price-to-earnings ratio, growth prospects, and the current market conditions. The time horizon is medium-term, anticipating a positive impact on the stock price within the next 6-12 months.
Disclaimer: AI-generated analysis. Not financial advice.