4 days ago
- Business
- Business Recorder
PQAMC announces monthly dividend
KARACHI: Pak-Qatar Asset Management Company Limited (PQAMC) has announced the monthly dividend of Pak-Qatar Monthly Income Plan (PQMIP) under its Shariah-Compliant Income Fund.
PQMIP announced a dividend of PKR 0.2095 per unit for the month of May '25, earned as on May 27, 2025. The plan is also amongst the highest return paying plans in the category.
PQAMC and PQMIP are rated AM2 and A+ respectively with 'Stable Outlook' by Pakistan Credit Rating Agency (PACRA). The Chief executive officer (CEO) of Pak-Qatar Asset Management Company Limited, Farhan Shaukat has approved the distributions of dividends for the month of the previous month under the authority delegated to him by the Board of Directors. 'This reflects strong, steady performance and our commitment to delivering value and excellence to the shareholders of PQMIP', Shaukat said.
Pak-Qatar Group has a vision to add value to the economy of Pakistan by making valuable investments and creating innovative and Halal financial ventures and services for sustainable growth, he added.
Copyright Business Recorder, 2025
