Karachi: Hoechst Pakistan Limited has completed the distribution of its final cash dividend for the fiscal year ending December 31, 2024. The Board of Directors announced the dividend at a rate of Rs. 110.00 per share, equivalent to 1,100%, during a meeting held on February 20, 2025. The company credited the dividend electronically into the bank accounts of eligible shareholders on April 11, 2025.
According to information available from the Pakistan Stock Exchange (PSX), this dividend release aligns with the requirements set forth in Clause 5.6.9 (b) of the PSX Rule Book. The announcement marks a significant event for investors in the designated market category.
The company has also published notices to shareholders in two leading newspapers, Business Recorder and Nawa-i-Waqt, on April 15, 2025, to ensure transparency and compliance with regulatory obligations.