Engro Fertilizers Posts Impressive Dividend Record

Karachi, Engro Fertilizers Ltd. (EFERT), a prominent name in the fertilizer sector, has posted an impressive dividend record for the fiscal year ending December 2023. Today’s rate for the company’s shares was Rs. 108.78, closely aligning with the daily weighted average of Rs. 107.65. Engro Fertilizers, with a paid-up capital of Rs. 13,352.99 million, declared a 165% cash dividend, a 135% cash dividend, and a 125% third interim dividend. The EPS from January to November 2023 stood at Rs. 15.77, with a high rate of Rs. 103.45. Listed in 2014, the company continues to be a significant contributor to the fertilizer industry’s growth.

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