Nishat (Chunian) Ltd. Announces Substantial Dividend

Karachi, Nishat (Chunian) Ltd. NC (NCL) reported a closing rate of Rs. 29.70, with a daily average rate closely matching at Rs. 29.74. The company, with a significant paid-up capital of Rs. 2,401.19 million, declared a 50% dividend, with a previous year distribution of 70%. Since its listing in 1991, NCL’s stock price hit a yearly high of Rs. 30.7 and a low of Rs. 19.5. The company experienced a turnover of 93,119,699 shares, leading to an EPS of 23.32.

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