Bank of Punjab Announces Interim Cash Dividend for H1 2025
The Bank of Punjab (BOP) has taken steps to determine the entitlement for an interim cash dividend for the first half of 2025. Following a meeting of the Board of Directors on August 29, 2025, the dividend was declared at Rs.1 per share, representing a 10% payout. Shareholders are advised to update their addresses and provide necessary identification documents to the share registrar, M/s. Corplink (Pvt) Limited, by September 11, 2025, to be eligible for the dividend.
Key Takeaways:
- The Bank of Punjab (BOP) has declared an interim cash dividend of Rs.1 per share for the first half of 2025, amounting to a 10% payout.
- The dividend payment will be made electronically into the bank accounts designated by shareholders, with a mandatory requirement to submit IBAN details.
- Shareholders who have yet to claim their dividends or share certificates are advised to contact M/s. Corplink (Pvt) Limited.
- The conversion of physical share certificates into book entry form is being implemented in line with regulatory requirements.
- Shareholders are encouraged to review their accounts online or request a printed copy by contacting the share registrar or the corporate affairs department of BOP.
- M/s. Corplink (Pvt) Limited will send notices to shareholders at their registered addresses regarding unclaimed dividends and share certificates.
- The shares' transfer books will be closed from September 12 to September 14, 2025, for the purpose of determining the entitlement for the dividend.
Statistics:
- Interim cash dividend declared: Rs.1 per share
- Dividend payout: 10%
- Dividend payment mode: Electronic transfer to bank accounts
- Number of days for transfer book closure: September 12 to September 14, 2025
- Deadline for receiving transfers: September 11, 2025
Sources:
- Bank of Punjab
- Pakistan Stock Exchange (PSX)
- Companies Act, 2017
- Section 242 of the Companies Act, 2017