ColgatePalmolive (Pakistan) Announces Exceptional Dividend Payouts

Karachi, ColgatePalmolive (Pakistan) (COLG), a premier company listed on the Pakistan Stock Exchange, disclosed an exceptional series of dividends for its shareholders. For the fiscal year ending June 2022, the company declared a dividend of 525% and a bonus of 15%, which was significantly enhanced in 2023 to 650% and a bonus of 145%. Additionally, an interim dividend of 225% was announced for 2024. The earnings per share for JanuaryMarch 2024 were reported at Rs. 42.88. With a high trading rate of Rs. 1640 and a turnover of 314,260 shares, ColgatePalmolive stands out for its financial strength and generous shareholder returns. The company, which has a paidup capital of Rs. 2,427.73 million, has been a constituent of the stock exchange since 1984.