Pakistan Oilfields Ltd. Reports Exceptional Dividend Increases

Karachi, Pakistan Oilfields Ltd. NC (Symbol: POL) traded at Rs. 489.97, slightly below its daily average of Rs. 491.69. According to information available from the Pakistan Stock Exchange (PSX), POL declared a dividend of 700% for 2022, increasing to 800% in 2023 with a projected 250% for 2024. With a paid-up capital of Rs. 2,838.55 million, the company trades with a par value of Rs. 10 per share. Since its listing in 1979, POL traded 13,550,313 shares, reaching a high of Rs. 460.3 and a low of Rs. 403 from January to April 2024, with an earnings per share of Rs. 128.42 for 2022/2023.