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The Board of Directors of Arif Habib Securities has decided to announce interim dividend of 150 percent cash and 150 percent bonus shares.
The announcement has followed a 100 percent cash dividend and 33.33 percent bonus for last year (year ended June 30). The Board decided to take a lead and made the announcement for its shareholders prior to the close of the current financial year. Thus, its shareholders do not have to wait in suspense and can participate in the good fortunes of the Company without delay.
Listed in 2001, Arif Habib Securities is the flagship company of Arif Habib Financial Services Group. The company ranked Sixth and Eighth among the recipients of 'Top 25 Companies Awards' by Karachi Stock Exchange in the first two years of award since its listing.
Arif Habib Securities is also the main sponsor of Arif Habib Investments, one of the leading fund management companies of the country, managing over Rs 7.5 billion.
This company has brought the benefits of the capital market to retail investors at their doorsteps.

Copyright Business Recorder, 2004

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