Colgate-Palmolive (Pakistan) Announces Record Dividend and Bonus Issue

Lahore, Colgate-Palmolive (Pakistan) NC has set a new precedent in the consumer goods sector with its remarkable dividend announcement for 2024. The company has escalated its dividend issuance to an unprecedented 650% along with a substantial 145% bonus, showcasing a significant upsurge from its previous years’ distributions. With a daily weighted average rate of 1329.61 rupees per share, Colgate-Palmolive stands as a titan in the Pakistan Stock Exchange with a hefty paid-up capital of 2,427.73 million rupees. Since its listing in 1984, the company has demonstrated unparalleled financial growth and shareholder value, further solidified by its generous interim dividend of 225% in 2024. This financial maneuver underscores the company’s robust market position and commitment to rewarding its investors.