Nestle Pakistan Ltd. Announces Exceptional Dividend, Reflecting Strong Performance

Lahore, Nestle Pakistan Ltd., a key player in the food and personal care products industry, has declared an outstanding dividend of 3350%, underscoring its exceptional performance for the financial year ending December 2023. The company, which has been a part of the Pakistan Stock Exchange since 1980, reported a daily weighted average rate of Rs. 453.50, with a minimal turnover of 2,300. The EPS for January 2024 soared to Rs. 331.86*, indicating significant profitability. Shares peaked at Rs. 8450 and bottomed at Rs. 8000 during the trading period.