Mahmood Textile Mills Ltd Distributes Highest Dividend in Sector

Karachi, Mahmood Textile Mills Ltd (MEHT) has announced an impressive 100% dividend for 2024, followed by a 60% bonus dividend, marking it as a high-yield investment. The share price surged to Rs. 380.50 from Rs. 400.00. The company, listed in 1973, reported a strong EPS of Rs. 370 for January to March 2024, with a turnover of Rs. 300.00 million.