AKD Investment Management approves interim dividend

December 3, 2013 Off By Web Desk

Karachi: AKD Investment Management Limited informed Karachi Stock Exchange that the board of directors has approved the distribution of 5th interim dividend of Rs. 0.35089 per unit of par value of Rs. 50 per unit (0.70166%). These entitlements are in the form of bonus units. Investor holding 100 units of AKDCF as at November 29, 2013 will get 0.7017 additional units at the ex-dividend NAV of Rs. 50.00.

Unit holders who have opted for cash payout will receive cash payment. These entitlements will be distributed only to those unit holders whose names appeared in the register of unit holders of AKD Cash Fund on November 29, 2013.