AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Karachi, Dawood Equities Ltd, operating under the symbol DEL on the Pakistan Stock Exchange, announced no dividend payout for the fiscal year ending in June 2023. The stock experienced significant volatility, with its rate peaking at Rs. 6.6 and dipping to Rs. 4.52, settling at a daily weighted average of Rs. 5.20. Despite a modest paid up capital of Rs. 275.00 million, the company opted not to distribute dividends to its shareholders. Trading volume for Dawood Equities Ltd reached 1,369,000 shares. Since its listing in 2008, the company has maintained a position in the market without declaring any dividends for this period.
Check Also
Pakistan Issues $3 Billion Dual-Tranche Eurobond
Islamabad: Pakistan has issued a three-billion-dollar dual tranche Eurobond. The positive development was shared by Finance Minister Muhammad Aurangzeb while speaking at the High-Level International Dialogue on Taxation for Fiscal Sustainability in Pa...