Karachi, HBL Asset Management Limited has approved an interim distribution for the period ended May 16, 2023, according to a statement released by the company. The distribution is for the HBL Islamic Money Market Fund and amounts to a per unit cash dividend of 0.0523 Pak Rupees, representing 0.04% of the opening of Ex-NAV as of July 1, 2022.
The distribution will be made to unit holders whose names are appearing in the register of unit holders at the close of business on May 16, 2023. The decision to approve the distribution was made by the CEO of HBL Asset Management Limited under the authority of the Board of Directors.