EFU Life Assurance Ltd. Maintains Strong Dividend Payout in 2023

Karachi, (PPI Bot): EFU Life Assurance Ltd. NC (Symbol Code: EFUL) announced its financial results for the year ending December 2023. The company, with a paid-up capital of Rs. 1,000.00 million, saw its shares trading at Rs. 180.00, closely aligned with the daily weighted average rate of Rs. 179.64. EFUL declared an impressive 150% dividend, maintaining its commitment to robust shareholder returns. The company's stock peaked at Rs. 215 and dipped to a low of Rs. 180 throughout the year, with a turnover of 577,200 shares. Since its inception in 1995, EFU Life Assurance has been known for its consistent financial strength, as evidenced by an EPS of Rs. 15.08.