To receive payouts like cash dividends, bonus shares, rights shares, or stock splits from companies on the Pakistan Stock Exchange (PSX), here's what you generally need to do:
Have a PSX Brokerage Account: First, you'll need an active brokerage account with a broker licensed by the PSX. This is your gateway to buying and selling shares.
Own Shares in a Company Making Distributions: You must hold shares of a company that has announced a payout. Companies on the PSX inform the market about these payouts through specific corporate actions.
Buy Shares on the Entitlement-Date: To be eligible for a payout, you must buy shares of the company on or before the entitlement date.
By following these steps, you'll be all set to receive the various types of distributions offered by companies listed on the Pakistan Stock Exchange.