The Board of Directors of Habib Asset Management Limited, the management company of First Habib Income Fund and First Habib Cash Fund, has declared Interim Dividend for the year ending June 30, 2011 for the Unit holders of First Habib Income Fund and First Habib Cash Fund in their meeting held on April 13, 201l.
FIRST HABIB INCOME FUND: The Board has announced Cash Dividend of Rs 2.65 per Unit for the Unit holders having 'c' class of Units and 2.6345 Bonus Units for every 100 Units for other unit holders. The Dividend will be paid on the basis of units held by a unit holder as on April 12,201l. This dividend is in addition to the already paid dividend of Rs 4.85 per unit during the last two quarters thus making total distribution of Rs 7.50 per unit.
FIRST HABIB CASH FUND: The Board announced Cash Dividend of Rs 0.50 per Unit for the Unit holders having 'c' class of Units and 0.4972 Bonus Units for every 100 Units for other unit holders. The Dividend will be paid on the basis of units held by a unit holder as on April 12, 201l. It maybe mentioned that First Habib Cash Fund was launched on March 7,2011 and dividend is being paid on the basis of one month performance.-PR