Atlas Battery Reports Strong Dividend Growth Amid High Returns

Karachi, Atlas Battery Ltd., trading under ATBA, reported strong dividends of 125% and an additional 25% bonus for this year, with a 325% dividend planned for next year. The stock closed at Rs. 297.53, closely mirroring its daily average of Rs. 301.48. According to information available from the Pakistan Stock Exchange (PSX),Atlas Battery has a paid-up capital of Rs. 350.17 million. Since its 1968 listing, the stock has reached a high of Rs. 300 and a low of Rs. 238.1.