Karachi, Pakistan Hotels Developers (PHDL), a longstanding entity on the Pakistan Stock Exchange, declared a significant 40% dividend alongside a 60% interim dividend for the next period, reflecting a strategic move despite a decrease in its earnings per share (EPS) to 2.62 for January 2024. The company’s shares fluctuated between a high of Rs. 545.5 and a low of Rs. 407.05 with a notable turnover of 186,300. PHDL, listed since 1981, continues to navigate the market with its latest financial performance.