Murree Brewery Company Declares Significant Dividends Amidst Strong Financial Performance

Karachi, The Murree Brewery Company (MUREB), a longstanding establishment in the food and beverage sector, has declared an impressive 350% dividend for its shareholders. Additionally, a second dividend of 155% has also been announced, reflecting the company's strong financial health for the fiscal year ending in June 2023.

The company's shares have seen a turnover of 1,206,200, with prices ranging from Rs. 378.89 to Rs. 305. The latest weighted average rate of the stock was Rs. 363.05, showcasing a stable market presence. Murree Brewery, with a history dating back to 1949, has consistently been a significant player in the market, as highlighted by its generous dividend distributions and a high EPS of Rs. 46.04 for the year 2022/2023.