Karachi, IGI Holdings Ltd. (IGIHL) has significantly increased its dividend payout from 42.50% to 60% for the year, coupled with an impressive first quarter earnings per share of Rs. 105. The company’s share price settled at Rs. 118.66, reflecting robust investor confidence bolstered by strong financial performance. IGI Holdings, which first appeared on the Pakistan Stock Exchange in 1987, continues to excel in the financial sector with a notable increase in its paid-up capital to Rs. 1,426.31 million.
This strategic move to enhance dividends underscores IGI Holdings Ltd.’s commitment to providing value to its shareholders and its strong position in the financial services industry.