Karachi, Cherat Packaging Ltd. (CPPL) has announced a substantial increase in its dividend payout, declaring a 30% cash dividend and an additional 5% bonus, an increase from the previous year's 25% and 10% bonus. The company reported an EPS of Rs. 18.50 for January 2024. Cherat Packaging's stock reached a high of Rs. 129.8 and a low of Rs. 117.93, with a daily weighted average rate of Rs. 117.16. The company, with a paid-up capital of Rs. 490.95 million, has been a part of the Pakistan Stock Exchange since 1991.