International Industries Ltd. Sustains Strong Dividend Yield

Karachi, International Industries Ltd. (INIL) closed today at Rs. 196.68, slightly above its average of Rs. 195.45. The company, holding a capital of Rs. 1,318.82 million, declared an 80% dividend for this year and plans a 75% dividend next year, along with a 20% interim. According to information available from the Pakistan Stock Exchange (PSX), INIL was listed in February 1984 and traded 24,347,935 shares. The stock price ranged from Rs. 164.05 to Rs. 121.51 from January to April 2024, reporting an earnings per share of 17.23 for 2022/2023.