Pakistan Oilfields Ltd. Delivers Record Dividend Amidst Stable Trading

Karachi: Pakistan Oilfields Ltd. (POL) has ended the trading session on a high note with a rate of PKR 412.85, closely in line with its daily weighted average of PKR 412.73. POL’s paid-up capital is reported at PKR 2,838.55 million. The company has declared an unprecedented dividend of 800% for the year 2023, following dividends of 500% in 2021 and 700% in 2022. POL’s share price hit a high of PKR 381 during the January to October 2023 period, with a turnover of over 52.31 million shares. The shares have a par value of PKR 10, and are traded in lots of one. The previous book closure was on October 3, marking its decades-long presence on the PSE since 1979.

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