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The board of director of the Pak Oman Asset Management Company Limited (POBOP) has declared the dividend of 'POBOP Advantage Plus Fund', an open end fixed income scheme, in their meeting held on July 7, through conference call and has approved the following distribution for the period from October 25, 2007 to June 30, 2008, says a press release.
The board has declared a cash dividend of Rs 3.0957 per unit for the type of 'Cash unit holders'. It has approved a bonus of Rs 3.0957 per unit for the type of 'Growth unit holders'. An investor holding 100 units as of June 30, 2008 will get 6.1530 units on the ex-bonus price of Rs 50.3123, the proportionate shall apply to actual holdings. The above entitlement will be paid to the unit holders whose name appeared in the register of unit holders on June 30.-PR

Copyright Business Recorder, 2008

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