Tariq Corporation Preference Shares Yield Minimal Dividends

Karachi, Tariq Corporation Ltd. (TCORPCPS), in a separate category of preference shares, has presented a modest financial gesture for its shareholders. The price of preference shares stood at Rs. 5.88, with a daily average rate of Rs. 144.45. The preference shares offered a 10% dividend in 2024, consistent with previous years. The company’s paid-up capital for these shares is Rs. 5.24 million, and the market lot size is set at 500, with a previous book closure recorded on January 16, 2022. The EPS for the first quarter of 2024 was reported at Rs. 5.24.