Dawood Hercules Corporation Announces Robust Dividends

Karachi, Dawood Hercules Corporation, symbol DAWH, declared a 150% distribution for 2023 and an increased distribution of 180% for 2024. The corporation’s EPS was significantly high at Rs 106.7 for the first quarter of 2024. Today’s trading rate was Rs 153.26, with a daily weighted average of Rs 154.00. The company, which began trading in 1971, showed a paid-up capital of Rs 4,812.87 per share with a market lot of 100.