Colgate-Palmolive (Pakistan) Reports Strong Earnings and Dividend Distribution

Karachi, Colgate-Palmolive (Pakistan) NC (Stock Code: CPPL) announced a substantial increase in its dividend distribution for the January-April 2024 period, with an Earnings Per Share (EPS) of Rs. 42.88. The company declared an interim dividend of 225%, in addition to the previously announced dividends of 650% and 145% for the year ending June 2022 and 2023, respectively. This performance reflects a significant upward trajectory from the previous year’s metrics. The stock traded at Rs. 1302.03 today with a turnover of 483,173 shares.