Shams Textile Mills Ltd. Announces Profitable Dividend

Karachi, Shams Textile Mills Ltd. NC (STML) closed at Rs. 24.00 per share. The company, with a paid-up capital of Rs. 86.40 million, declared a 20% dividend for its shareholders. STML, listed since 1970, reached a high of Rs. 43.8 and a low of Rs. 22 this year, indicating solid performance in the market. The turnover volume was 123,500 shares, with an impressive EPS of 41.84 reported for the January to November period in 2023.

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