Karachi: Ellcot Spinning Mills Limited has successfully credited the final cash dividend for the fiscal year ended June 2023. Shareholders of the company as of the closing date were entitled to receive a dividend distribution at the rate of Rs. 6 per share, which equates to 60% of the face value.

The payment, dated November 2, 2023, was electronically transferred into the designated bank accounts of the shareholders. This final dividend reflects the company's performance and its commitment to delivering value to its investors.

The completion of this electronic transfer marks the fulfillment of Ellcot Spinning Mills Limited's declaration from their previous financial announcements.