Maqbool Textile Mills Reports Modest Dividend Amid Stable Trading

Karachi, Maqbool Textile Mills Ltd., trading under the symbol MQTM, today announced a 10% dividend for the year, with no future distributions currently planned. The stock closed at Rs. 37.00, with a consistent daily weighted average. According to information available from the Pakistan Stock Exchange (PSX), Maqbool Textile has a paid-up capital of Rs. 184.32 million. Since its 1992 listing, the company’s share prices have peaked at Rs. 75.9 and dipped to Rs. 67.6.