Philip Morris (Pakistan) Ltd. Announces Modest Dividend for 2023

Karachi, Philip Morris (Pakistan) Ltd., with its symbol NC on the Pakistan Stock Exchange, today disclosed a 10% dividend for the year ending December 2023. The company recorded an earnings per share of Rs. 30.33 for January through April 2024.

Trading for Philip Morris witnessed a high of Rs. 600.1 and a low of Rs. 615.80, the latter also representing today's daily weighted average rate. The company, which was first listed in 1971, had no dividend distribution in the previous year. Book closure is set for April 19.