Pakistan Petroleum Limited Announces Consistent Dividend for 2023/2024

Karachi, Pakistan Petroleum Limited (PPL), a leading firm in the oil and gas sector, has declared a steady dividend rate of 25% for the fiscal year 2023/2024, maintaining the rate from the previous fiscal year. The announcement reflects the company’s stable financial performance and commitment to shareholder value.

PPL’s trading data showed a subtle movement in its share price, closing at Rs. 106.02 with a daily weighted average rate of Rs. 105.97. The company has a significant paid-up capital amounting to Rs. 27,209.67 million. The EPS for January-February 2024 was reported at Rs. 35.99, with a high trading volume of 624,042,924 shares, indicating active market participation.