Engro Fertilizers Ltd. Announces Impressive Dividend Amidst Strong Earnings

Karachi, Engro Fertilizers Ltd. (EFERT) has announced a significant 135% dividend for its shareholders, reflecting the company’s strong financial health. With a daily weighted average rate of 148.28 rupees and a paidup capital of 13,352.99 million rupees, EFERT showcased an impressive earnings per share of 11.54 rupees for the year ending December 2023. The stock experienced a high trading rate of 147.9 rupees and a low of 112.65 rupees, with a substantial turnover of 121,159,839 shares, indicating robust investor interest and confidence in the company’s performance.

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