Cherat Cement Announces Rs. 4.00 Per Share Dividend for FY 2024

Karachi: Cherat Cement Company Limited has officially declared a final cash dividend of Rs. 4.00 per share for the fiscal year ending June 30, 2024. The dividend, which equates to 40% of the par value per share, was credited electronically to shareholders on October 22, 2024.

The notification was dispatched to the Pakistan Stock Exchange (PSX), ensuring transparency and regulatory compliance in shareholder communications. According to information available from the Pakistan Stock Exchange (PSX), this move underscores Cherat Cement’s solid financial performance and commitment to returning value to its investors.

The distribution marks a significant return to shareholders, reflecting the company’s strong fiscal health and optimistic financial outlook. Asim H. Akhund, the Company Secretary, signed off on the communication, which was addressed to the General Manager of the Pakistan Stock Exchange.

Cherat Cement, part of the Ghulam Faruque Group, continues to perform robustly in a competitive market, contributing to its reputation as a reliable and progressive entity in the cement industry.

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