Karachi, Nestle Pakistan Limited informed Pakistan Stock Exchange that the resolution passed and adopted by the shareholders of the company in the Annual General Meeting of the company held on April 07, 2022 at Karachi.
Resolved that a final cash dividend for the year ended on December 31, 2021 at the rate of 900% i.e. Rs. 90/- per share of Rs. 10/- each in addition to the 1950% Interim Cash Dividend i.e. Rs. 195/- per share.
Nestle Pakistan Limited is a public limited company incorporated in Pakistan. The foundations of the company are formed under the Companies Act, 1913 now the Companies Ordinance, 1984. The company is engaged in the business of manufacturing, processing and sale of food products. This includes imported products dairy, confectionery, culinary, coffee, beverages, infant nutrition and drinking water. The shares of the company are quoted on the Karachi and Lahore stock exchanges of Pakistan. The registered office of the company is situated in Lahore.
The company owns brands in the category of ambient dairy, chilled dairy, beverages, bottled water, culinary and food, baby food, breakfast cereals and confectionary.
The symbol “NESTLE” is being used by the stock exchange for the shares of Nestle Pakistan Limited.