Archroma Pakistan Announces Massive Dividend Payout

Karachi, Archroma Pakistan Ltd. (ARPL) has declared a substantial dividend of 450% for its shareholders, according to the latest financial announcements on the Pakistan Stock Exchange. The chemical company's stock today matched its daily weighted average rate at Rs. 419.00. Archroma, with a paid-up capital of Rs. 345.63 million, has not specified any bonus shares for this distribution period. The company, listed since 1997, also reported a robust first quarter EPS of Rs. 410 for 2024.