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Print 2004-08-27
Dividend/Bonus Announcements
Dividend/Bonus Announcements by Companies listed on the Karachi Stock Exchange.
Dividend/Bonus Announcements by Companies listed on the Karachi Stock Exchange.
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FOR THE YEAR PROFIT/(LOSS) ANNUAL CLOSURE OF
ENDED/HALF/ DIVIDEND/ AFTER GENERAL SHARE
YEAR ENDED BONUS/ TAXATION MEETING TRANSFER
COMPANY QUARTER ENDED RIGHT (Rs in million) ON BOOKS
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Standard Chartered
Modaraba 30.06.2004 25% 114.017 - 20.09.2004 to
26.09.2004
Pakistan Petroleum
Limited 30.06.2004 25%(F)+ 6617.399 28.10.2004 19.10.2004 to
10:00 am 28.10.2004
The Bank of Punjab 30.06.2004 20%(B)x 887.945** - -
Pakistan International
Airlines Corporation 30.06.2004 - 1399.863** - -
Crescent Commercial
Bank Limited 30.06.2004 - (118.340)** - -
Reliance Insurance 30.06.2004 - 7.563** - -
Askari General Ins 30.06.2004 - 11.475** - -
Adamjee Insurance 30.06.2004 - 177.278** - -
EFU Life Assurance 30.06.2004 - 44.839** - -
EFU General Ins 30.06.2004 - 119.827** - -
New Jubilee Life 30.06.2004 - (25.445)** - -
Crescent Star Ins 30.06.2004 - - - -
Universal Insurance 30.06.2004 - - - -
Int Multi Leasing 30.06.2004 - - 18.09.2004 10.09.2004 to
10:00 am 18.09.2004
(TFC) WorldCALL
Communications - - - - 16.09.2004 to
29.09.2004xx
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Indications
-- Pakistan Petroleum Limited
-- Final cash dividend for the year ended 30 June, 2004 at Rs 2.5 per share ie 25% on ordinary shares and Rs 1 per share ie.
-- 10% on convertible preference shares. This is in addition to interim dividend already paid at Rs 2 per share ie 20% on ordinary and convertible preference shares.
-- Under the Company's Articles of Association the Convertible Preference Share holders shall have a right to a dividend ranking pari passu with the level of dividend payable to ordinary shareholders subject to a maximum rate of 30% per annum.
-- The Bank of Punjab
-- Board of Directors has been recommended to issue Bonus Shares in the proportion of 20 shares for every 100 shares held ie 20%
-- Pakistan International
-- Airlines Corporation
-- Earning per share
-- 'A' class ordinary shares of Rs 10 each - Rs 1.22
-- 'B' class ordinary shares of Rs 5 each - Rs 0.61
-- (TFC) WorldCALL Communications
-- Book Closure for the purpose for determination of 4th profit payable semi annually in arrears on the outstanding principal amount.
-- Accounts for the half year ended - 30.06.2004.
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