Lotte Chemical Pakistan Ltd. Maintains Steady Dividend Amid Trading Surge

Karachi, Lotte Chemical Pakistan Ltd. (LOTCHEM) saw considerable market activity with 222,119,283 shares traded, reaching a peak of Rs. 28.56 and closing at Rs. 18.50.

According to information available from the Pakistan Stock Exchange (PSX), Lotte Chemical has adjusted its dividends over the years, issuing a 60% dividend in 2022, reducing to 30% in 2023, and declaring a 5% interim for 2024. The company, which entered the market in 2001, reported a positive earnings per share of Rs. 6.68 from January to April 2024.