Feroze1888 Mills Achieves Substantial Growth with High Dividend

Karachi, Feroze1888 Mills Ltd., identified by the symbol FML, today reported substantial growth with a complex dividend structure, declaring a 6% regular and 42.70% additional for this year, with a 109.30% planned for next year. The stock closed at Rs. 87.03. According to information available from the Pakistan Stock Exchange (PSX), Feroze1888 Mills has a robust paid-up capital of Rs. 3,994.09 million. Since its 1975 listing, the company’s share prices have ranged between Rs. 95 and Rs. 78.13.