Abbott Laboratories Pakistan Announces Notable Dividend Amidst Strong Financial Performance

Karachi, Abbott Laboratories (Pakistan) Ltd. (ABOT) has declared a significant annual dividend of 150% for its shareholders, according to the latest financial announcements from the Pakistan Stock Exchange. The pharmaceutical giant reported an impressive earnings per share (EPS) of 30.69 for the January to March 2024 quarter, reflecting a strong financial performance. The company’s shares hit a high of Rs. 514 during trading, with a turnover of 905,800 shares. Founded in 1982, Abbott Laboratories Pakistan has consistently been a major player in the country’s healthcare sector, demonstrating substantial growth and profitability. This latest dividend announcement underscores the company’s commitment to rewarding its shareholders and its strong position in the market.