Karachi: Crescent Steel and Allied Products Limited has announced the crediting of its final cash dividend for the fiscal year ending June 30, 2024. The dividend, amounting to Rs. 3.50 per share, representing a 35% payout, has been electronically transferred to the designated bank accounts of shareholders who provided the required documentation.

The company confirmed that the dividend was credited on 12 November 2024 to those shareholders who submitted their Computerized National Identity Card (CNIC) and valid International Bank Account Number (IBAN) along with complete bank details. This step marks the culmination of the company's financial distribution plan for the previous fiscal year.

According to information available from the Pakistan Stock Exchange (PSX), the prompt crediting of dividends reflects the company's commitment to fulfilling its financial obligations to its investors. Crescent Steel and Allied Products Limited emphasized the importance of shareholders providing accurate and complete information to facilitate such transactions.

Shareholders and TRE Certificate Holders of the Exchange have been informed about the dividend crediting, ensuring transparency and timely notification of the financial proceedings of the company.