Day: April 16, 2024

JS Bank Maintains Modest Performance with Dividend Announcement

Karachi, JS Bank Ltd (NC) announced a 17% dividend for 2024, maintaining its market presence despite not offering dividends in the previous year. The bank posted an EPS of Rs. 8.15 and saw a slight increase in today’s rate to Rs. 9.22. JS Bank has a s…

Meezan Bank Increases Dividend After Strong Quarterly Earnings

Karachi, Meezan Bank Ltd. (NC) announced a 200% dividend for 2024, following an 85% distribution the previous year, along with a 10% bonus. The bank recorded an EPS of Rs. 156.01 for the first quarter. Today’s rate closed at Rs. 228.15, with Meezan Ba…

Agritech Limited Reports First Quarter Earnings

Karachi, Agritech Limited (AGL), a key player in Pakistan’s chemical sector, announced a first quarter earnings per share (EPS) of Rs 12.3 for the period ending March 2024. Today’s trading session saw the company’s shares reach a high of Rs 22.89, sli…

Standard Chartered Maintains Strong Dividend Growth

Karachi, Standard Chartered Bank Ltd. (NC) declared a 67.5% dividend for 2024, up from 40% in 2023. The bank reported an EPS of Rs. 34 for the first quarter. Today’s share price reached Rs. 57.17, marking a consistent performance. Standard Chartered, …

United Bank Records Significant Dividend and Earnings Growth

Karachi, United Bank Ltd. (NC) has declared a 440% dividend for the first quarter of 2024, a substantial increase from 220% in 2023. The bank posted a high EPS of Rs. 174.69, reflecting strong financial health. Today’s rate was Rs. 192.92. United Bank…

Berger Paints Pakistan Ltd. Declares Dual Dividend

Karachi, Berger Paints Pakistan Ltd. (BERG) disclosed a first quarter EPS of Rs 63 for 2024. The company’s stock traded at Rs 73.59 today, closely mirroring its average rate of Rs 73.34. Berger Paints announced a 40% dividend alongside a 20% bonus for…

Adamjee Insurance Maintains Steady Dividend Payout

Karachi, Adamjee Insurance Co. Ltd., a longstanding entity listed since 1961, maintained its dividend payout at 30% in the latest financial disclosures. Today’s closing rate was Rs. 37.11 with a daily weighted average of Rs. 36.84. The company, with a…

Adamjee Life Assurance Announces Dividends Amidst Growth

Karachi, Adamjee Life Assurance Co. Ltd., which recently listed in 2022, declared a 20% dividend. The insurance firm reported a stable closing rate of Rs. 28.00 and an EPS of Rs. 22. The paid-up capital stands at Rs. 2,500 million, illustrating the co…

Colgate-Palmolive (Pakistan) Maintains High Dividend Payout

Karachi, Colgate-Palmolive (Pakistan) (COLG), a leading manufacturer in the consumer goods sector, today announced a first quarter EPS of Rs 1270 for 2024. The company’s shares traded at Rs 1329.16, with a daily average slightly lower at Rs 1328.23. D…