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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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Aurangzeb Engages with U.S. Development Finance Corporation for Enhanced Sectoral Projects

Islamabad: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, engaged with representatives of the U.S. International Development Finance Corporation in Washington, D.C. This meeting aimed to seek expedited support for priority priva...