Colgate-Palmolive (Pakistan) Announces Hefty Dividend and Bonus Issue

Karachi, Colgate-Palmolive (Pakistan) (COLG), a leading company in the consumer goods sector, declared a significant annual dividend of 525% and a 15% bonus issue for its shareholders. The interim dividend was also impressive at 225%. The stock price varied between Rs. 1640 and Rs. 1301, reflecting a strong market presence with a turnover of 195,000 shares. The earnings per share for the period ending in June 2023 were recorded at Rs. 42.88. Colgate-Palmolive (Pakistan) has maintained a robust financial standing with a paid-up capital of Rs. 1352.44 million since its listing in 1984.