Faysal Asset Management payout trend

KARACHI (PR) - Faysal Asset Management Limited (FAML) has announced that the Board of Directors has approved cash/bonus dividend for the quarter ended March 31, 2010. The interim payout has been announced at Rs.2.25/- per unit (2.25% of face value of Rs.100/-) for Faysal Income & Growth Fund (FIGF); and Rs.2.75/- per unit (2.75% of face value of Rs.100/-) for Faysal Savings Growth Fund (FSGF). FAML continued its strong dividend paying history with Rs.8.00/- per unit paid out to the unit holders of both FIGF and FSGF respectively for the three quarters ending on March 31, 2010. FSGF is rated A(f) while FIGF maintains one of the highest credit quality ratings in the open-ended income funds of A+(f), both assigned by JCR-VIS.

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