Ellcot Spinning Mills Ltd Announces Impressive Dividends on PSE

Karachi: Ellcot Spinning Mills Ltd. NC saw its shares close at Rs. 82.00. With a robust paid-up capital of Rs. 109.50 million, the company listed in 1990, declared substantial dividends of 100% for the past two years and a 60% dividend for 2023. It recorded a high trading rate of Rs. 156 with a turnover of 80,500 shares. The EPS for 2021/2022 was a significant Rs. 74.30.