Karachi: The Oil and Gas Development Company Limited has announced the electronic credit of its first interim cash dividend, amounting to Rs 3.00 per share, to its shareholders for the period ending September 30, 2024. The dividend, representing a 30% payout, was credited to the designated bank accounts of shareholders on November 20, 2024.

The company has advised shareholders who have not provided valid International Bank Account Numbers (IBAN) to communicate their details to CDC Share Registrar Services Limited in Karachi. According to information available from the Pakistan Stock Exchange (PSX), this initiative follows the company's standard dividend distribution process, ensuring timely and efficient payment to its stakeholders.

The Oil and Gas Development Company Limited plans to publish this information in newspapers in the near future, further informing shareholders and the public about the dividend distribution.