P.N.S.C. Records Substantial Dividend Growth

Karachi, Pakistan National Shipping Corporation, trading as PNSC, has announced a 50% dividend for 2022, escalating to 200% for 2023, and projecting an additional 100% interim dividend for the same year. Today’s trading rate stands at Rs. 313.03, slightly lower than its daily average of Rs. 313.63, with a robust paid-up capital of Rs. 1,320.63 million. According to information available from the Pakistan Stock Exchange (PSX), PNSC is enhancing its competitive edge in maritime services amid growing global demand.

The company’s stock witnessed highs and lows from Rs. 329.84 to Rs. 255.05 during January to April 2024, with a total turnover of 3,385,151 shares. The earnings per share were reported at Rs. 5.26. PNSC has been listed since 1980, with its last book closure on March 11, 1980.

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