Oil & Gas Development Co. Ltd. Marks Steady Growth in Dividend and Share Performance

Karachi, (PPI Bot): Oil & Gas Development Co. Ltd. (OGDC) reported a steady growth in its dividend distribution, declaring 85.50% for 2023, a rise from 69% in 2021 and 72.5% in 2022. The company's shares were traded at Rs. 108.02 today, with a daily average rate of Rs. 109.14. OGDC, with a substantial paid-up capital of Rs. 43,009.28 million, experienced a high share rate of Rs. 111.5 and a low of Rs. 73.1 during the year. The previous book closure was on October 19, 2023, and the company has been listed since 2004. The turnover was recorded at a significant 1,462,321,772 shares. OGDC's EPS for 2021/2022 was noted at Rs. 21.28.