📄 Details:
Feroze1888 Mills Limited has recently announced the outcome of its Board of Directors meeting held on May 4, 2025. The company has declared a robust interim cash dividend of 45% (Rs. 4.5 per share) for the nine months ending March 31, 2025. This move reflects strong financial performance and a shareholder-centric approach, further enhancing investor confidence.
The announcement includes the approval of the third quarterly unaudited financial results, as per regulations of the Pakistan Stock Exchange (PSX). Notably, the share transfer books will remain closed from May 22, 2025, to May 24, 2025 (both days inclusive), and the interim dividend will be disbursed to shareholders whose names appear in the register on May 21, 2025.
Such corporate actions often lead to positive momentum in the share market, as they signal financial stability and company growth. Retail investors can take this as an opportunity to evaluate their positions and possibly benefit from dividend income. It also boosts market sentiment and can cause short-term share price appreciation.
📌 Key Highlights:
🔹 Company Name: Feroze1888 Mills Limited
🔸 Event: Board Meeting Outcome
🗓️ Meeting Date: May 4, 2025
💰 Dividend Declared: 45% interim (Rs. 4.5 per share)
📊 Period Covered: Nine months ended March 31, 2025
📁 Result Type: Unaudited consolidated financial results – Q3 FY25
🔒 Book Closure: May 22 – May 24, 2025
📆 Eligibility Cut-off Date: May 21, 2025
📍 Market: Pakistan Stock Exchange (PSX)
🏢 About the Company:
Feroze1888 Mills Limited is a leading textile manufacturing company in Pakistan, known for its premium terry towel and textile products. The company is a global exporter and a trusted name in quality home textile manufacturing.
📈 Key Market Data:
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Listed Exchange: Pakistan Stock Exchange (PSX)
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Share Symbol: FERZ
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Market Segment: KSE-100 Index component
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Sector: Textile Composite
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Previous Dividends (FY24): Multiple interim cash dividends
👨💼 How This Helps Retail Traders:
✅ Dividend Income: A steady return even in volatile markets
✅ Trust Signal: Reflects strong financial health
✅ Liquidity Boost: Dividend payments enhance cash flows
✅ Short-Term Price Upside: Often seen post-dividend declaration
📊 Chat Summary:
| 🔍 Detail | 📌 Summary |
|---|---|
| Dividend Type | Interim Cash Dividend |
| Dividend Amount | Rs. 4.5 per share (45%) |
| Announcement Date | May 4, 2025 |
| Record Date | May 21, 2025 |
| Share Transfer Book Closure | May 22 – 24, 2025 |
| Target Investors | Existing shareholders on record date |
💬 Phrase:
📢 “Feroze1888 isn’t just spinning yarns – it’s spinning profits. Are you cashing in on the 45% dividend?”
📉 Stock Market Disclaimer
Disclaimer: This post is for informational and educational purposes only and does not constitute financial advice or a recommendation to buy/sell any stock or share. Investing in the stock market involves risk. Past performance is not indicative of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.
