Abbott Laboratories Sustains High Performance with Notable Dividend

Karachi, Abbott Laboratories Pakistan Ltd., trading under the ticker ABOT, has maintained its robust performance with a substantial 150% dividend for 2022, despite not projecting any dividends for 2023. According to information available from the Pakistan Stock Exchange (PSX), the company has a paid-up capital of Rs. 979.00 million and a share rate today of Rs. 679.24, closely matched by its daily average of Rs. 679.44.

The stock achieved a high of Rs. 585 and a low of Rs. 399.99 during January to April 2024, with a turnover of 1,341,820 shares. The earnings per share impressively stood at Rs. 30.69 for 2022/2023. Abbott Laboratories has been a significant presence in the market since its listing in 1982, with its last book closure on April 16, 1982.