Ittehad Chemicals Ltd. Announces Substantial Dividends and High EPS

Karachi, Ittehad Chemicals Ltd. (ICL) has shown a strong performance on the Pakistan Stock Exchange, with its shares trading at Rs. 45.17 and a daily weighted average rate of Rs. 44.84. The company, which has a paid-up capital of Rs. 1,000.00 million, declared a noteworthy dividend of 18.06% (B)10% for the year ending 2023 and an impressive 42.50% for the third quarter of the financial year 2024. ICL's Earnings Per Share (EPS) for January 2024 reached an impressive Rs. 51.21, with the stock hitting a high rate of Rs. 51.21 and a low of Rs. 18.26. Since its listing in 2003, ICL has maintained a strong market position.