Atlas Insurance Ltd. Announces Strong Dividend Increase

Karachi, Atlas Insurance Ltd. (ATIL) traded consistently at Rs. 40.02 today. The company boasts a paid-up capital of Rs. 1,494.16 million and has declared a substantial increase in dividends from 70% this year to 46% next year, with an additional 60% as a bonus. According to information available from the Pakistan Stock Exchange (PSX), ATIL was listed in April 1957 and saw a trading volume of 898,500 shares. The stock price ranged from Rs. 43.53 to Rs. 37.81 from January to April 2024. The earnings per share for 2022/2023 were Rs. 7.7.