Karachi: Indus Motor Company Limited has announced the distribution of a final cash dividend of Rs. 43 per share for the fiscal year ending June 30, 2024. The dividend payment, which corresponds to 430% of the share value, has been credited electronically to the shareholders’ bank accounts as of October 8, 2024.

The Karachi-based automotive giant communicated the dividend details through a formal notice to the General Manager of the Pakistan Stock Exchange Limited. According to information available from the Pakistan Stock Exchange (PSX), this substantial dividend payout reflects the company’s robust financial performance over the past fiscal year.

The notification emphasized that all registered shareholders as of the end of the fiscal year have had their dividend amounts directly deposited into their designated bank accounts. This efficient electronic payment method underscores Indus Motor’s commitment to utilizing advanced financial processes for shareholder transactions.

The disbursement of this high dividend rate is a significant financial event for both the company and its investors, highlighting a profitable year and the company’s strong position in the automotive sector.