Shell Pakistan Ltd. Announces Dividend Amid Market Activity

Karachi, Shell Pakistan Ltd. (SHEL), a notable entity on the Pakistan Stock Exchange (PSE), has declared a 30% distribution for its shareholders, reflecting the company’s performance for the year ending December 2022. The announcement comes amid trading activity that saw the company’s shares reach a high of 163.9 RS and a low of 124 RS, with a turnover of 21,661,937 shares. Shell Pakistan, with a paidup capital of 2,140.25 million RS and a daily weighted average rate of 153.31 RS, continues to demonstrate its market resilience since its listing in 1970. The company’s performance, marked by this significant dividend payout, positions it prominently among the main board listings in the Pakistan Stock Exchange’s detailed market section.

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