OLP Modaraba Announces 20% Dividend Amid Strong Financial Performance

Karachi, OLP Modaraba (OLPM) has declared a 20% dividend for its shareholders, according to the latest financial announcements made to the Pakistan Stock Exchange. The company, with a paidup capital of 453.83 million rupees and a listing year of 1987, reported an Earnings Per Share (EPS) of 2.84 for JanuaryFebruary 2024. The daily weighted average rate for OLP Modaraba’s stock was recorded at 12.87 rupees, with a high of 12 rupees and a low rate, resulting in a turnover of 403,500 shares. The previous book closure was on 19th October, reflecting the company’s stable financial status and its commitment to rewarding its investors.

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