Karachi, Engro Polymer, issuing preference shares under the symbol EPCLPS, disclosed a dividend rate of 12.7% for 2024, a slight increase compared to 23.20% in the previous year. The preference shares were listed in 2020 and are currently priced at Rs. 11.40, matching the daily average.
With a paid-up capital of Rs. 3,000.00 million, the company focuses on maintaining stable returns for its preference shareholders, reflecting prudent financial management and a commitment to shareholder value amidst a challenging economic landscape.