Mughal Iron and Steel Industries Declares Modest Dividend Increase

Karachi, Mughal Iron and Steel Industries (MUGHAL) reported an increase in dividends from 30% in 2022 to 32% in 2023. The company, trading at Rs 64.56 today with a daily weighted average of Rs 66.28, posted an EPS of Rs 59 for the quarter ending March 2024. Mughal Iron and Steel, which has a paid-up capital of Rs 3,356.34 million, has been listed since 2015.