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Karachi, In the recent financial disclosures, Popular Islamic Modaraba (PIM) has not specified its earnings for the JanuaryFebruary 2024 period. Trading at Rs. 11.30, with a daily weighted average rate of Rs. 12.25, the company announced dividends of 3.744% for 2022 and 4.557% for 2023. With a paidup capital of Rs. 140.00 million, PIM managed a modest turnover of 11,500. Listed since 2016, the modaraba observed a peak share price of Rs. 12.1. Despite the absence of an earnings announcement, Popular Islamic Modaraba has shown a commitment to shareholder returns through its dividend policy.
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