Towellers Limited Boasts Exceptional Dividend Amid Growth

Karachi, Towellers Limited, operating under the symbol TOWL, reported an exceptional year with a 120% dividend rate for this year and an even higher 130% planned for the next. Today’s closing rate was Rs. 143.64, slightly below the daily average of Rs. 143.97. According to information available from the Pakistan Stock Exchange (PSX), Towellers Limited has a paid-up capital of Rs. 170.00 million. Since its 1995 listing, the company’s shares have seen a high of Rs. 194.6 and a low of Rs. 138.39.