National Foods Ltd. Announces Dividend, Shows Earnings Stability

Karachi, National Foods Ltd. (NATF) has declared a steady performance in its latest financial announcement with a final share price of 163.51 rupees and a daily weighted average rate of 163.89 rupees. The company reported a substantial paid-up capital of 1,165.58 million rupees. Remarkably, National Foods has announced a dividend distribution of 30% interim for its shareholders, in addition to regular annual distributions of 100% and 50%. The market lot size for the company remains consistent at five. Despite fluctuations, the lowest share rate recorded was 134.18 rupees, showcasing resilience in its market value. The company, listed since 1989, also disclosed an earnings per share increase to 2023 from the previous year.