Karachi: Oil and Gas Development Company Limited (OGDCL) has announced the credit of its second interim cash dividend for the period ended December 31, 2024. The dividend, amounting to Rs 4.05 per share, equivalent to 40.5%, was electronically credited into the designated bank accounts of the shareholders on March 24, 2025.

The company has taken steps to ensure that all shareholders receive their due dividends. Shareholders who have not provided valid International Bank Account Number (IBAN) details are being requested to communicate their valid IBAN to M/s CDC Share Registrar Services Limited, located at CDC House, 99-B, Block 'B', S.M.C.H.S., Main Shara-e-Faisal, Karachi-74400, to facilitate the credit of their dividends.

According to information available from the Pakistan Stock Exchange (PSX), the Oil and Gas sector remains a significant component of the market's performance metrics.

The company has indicated that the details of this dividend distribution will be published in newspapers in due course.