Hafiz Limited Announces Consistent Dividend Despite Fluctuations

Karachi: Hafiz Limited (HAFL), trading under the ‘XD’ (Ex-Dividend) mark, declared a 20% dividend for three consecutive years, showing a solid trend in its financial distributions. The company, listed since 1954, experienced a notable range in its share price, hitting a high of Rs. 168 and a low of Rs. 129 during the year, with a year-to-date average rate reported at Rs. 27.75. With a market lot size of 100 shares, the previous book closure was on 18th October. Hafiz Limited’s paid-up capital stands at Rs. 12 million as per the latest financial disclosure.