LSE Ventures Limited Announces New Dividend Amid Market Entry

Karachi, LSE Ventures Limited (LSEVL), the newest entrant to the Pakistan Stock Exchange with a listing in 2023, has announced a dividend payout of 5% for the fiscal year 2023-2024. Despite not disclosing its earnings per share (EPS) for the January-February 2024 period, the company's initiative to declare a dividend signals a confident market entry. With a paid-up capital of Rs 1,795.98 million and a daily weighted average rate of Rs 5.05, LSE Ventures Limited is positioning itself as a promising player in the investment sector, aiming to establish a strong foothold in the market.