KARACHI, Aug 5: The Board of Directors of Hubco has recommended Rs1 per share i.e. 10 per cent final dividend for the year ended on June 30, 2008.

In a statement issued here on Tuesday, Hubco said the announcement is in addition to Rs.1.15 per share i.e. 11.5 per cent interim dividend paid in April 2008.

It said that the Annual General Meeting of the company is due to be held in Islamabad on September 22, 2008 to approve its annual accounts and approve and declare the total dividend.