Mughal Iron & Steel Industries Declares Dividend Amid Profit

Karachi, Mughal Iron & Steel Industries (MUGHAL) reported a profitable quarter with an EPS of 10.37 for the January to March 2024 period. The stock, listed since 2015, was traded today at a rate of 68.72, with a high of 74.2 and a low of 19568160. The company announced a dividend of 30%, slightly down from 32% previously, reflecting a solid financial standing despite a slight decrease in dividend payout.