Ellcot Spinning Mills Announces High Dividend Amid Strong Performance

Karachi, Ellcot Spinning Mills Ltd. NC (ELSM) reports a significant dividend of 100% this year, with a further declaration of 60% expected next year, reflecting its strong financial health. The stock price remains stable at Rs. 84.00, matching the daily average. With a paid-up capital of Rs. 109.50 million and a trading volume of 31,000 shares, the company has experienced stock highs of Rs. 96.9 and lows of Rs. 79. According to information available from the Pakistan Stock Exchange (PSX), Ellcot’s aggressive dividend policy positions it as a leader in the textile spinning sector, attracting robust investor interest.