Nestle Pakistan Ltd Achieves Record Dividend Payments

Karachi, Nestle Pakistan Ltd (NESTLE) continues to dominate the market with today’s closing rate at an impressive PKR 7159.81, and a daily weighted average rate of PKR 7166.33. The company has a paid-up capital of PKR 453.50 million. According to information available from the Pakistan Stock Exchange (PSX), Nestle declared an extraordinary 3350% dividend for 2022 and 1930% for 2023. The market lot size is 1 with a par value of PKR 10, and the company was listed in 1980 with its last book closure on April 11. The stock reached historic highs and lows of PKR 8450 and PKR 7000.3 respectively, with a turnover of just 9797 shares during the early months of 2024. The EPS for 2022/2023 is a substantial PKR 331.86*, reflecting its exceptional profitability.