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Karachi, In a recent financial disclosure to the Pakistan Stock Exchange, Sunrays Textile Mills Ltd. (SUTM) reported a decrease in its dividend payout to 20% for the year ending March 2024, down from 50% in the previous fiscal year. The company, which has been part of the market since 1992, presented a steady daily weighted average rate of 91.65. This adjustment in dividend policy could reflect the company’s financial planning and operational performance within the textile sector.
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