Siemens Pakistan Engineering Sustains High Dividend Payout

Karachi: Siemens (Pakistan) Engineering (SIEM) closed the day with a share rate of Rs. 800.00 and reported a daily weighted average rate of Rs. 795.00. The company’s paid-up capital is noted at Rs. 82.47 million for the year ending in September. It has maintained a consistent dividend payout of 460% for both 2021 and 2022. With a par value of Rs. 10 and a market lot of 50, Siemens Pakistan had its previous book closure on January 5, 2023. Since its listing in 1978, the company’s share rate has varied, with a high of Rs. 808 and a low of Rs. 543.52 for the period of January to October 2023, resulting in an earnings per share of Rs. 103.07.