Telecard Limited Announces Dividend Amid Stable Stock Performance

Karachi, Telecard Limited (TELE) has declared a dividend of 7.5% for its shareholders, reflecting a stable financial outlook despite no dividend announcement last year. The company’s stock maintained a consistent rate with a daily weighted average of 8.83 and a close of 8.80 today. With a paid-up capital of 3,386.25 million rupees, Telecard has been a consistent performer in the market since its listing in 1995. The reported EPS for January to March 2024 stands at 6.06.