Pakistan Paper Products Limited Ends Year with Solid Dividend

Karachi, Pakistan Paper Products Limited (PPP) has declared a year-end dividend of 50% after a 25% distribution earlier and a subsequent 40% dividend. With a capital of Rs. 80.00 million, the company's shares saw a high of Rs. 59.99 and a low of Rs. 37.1, with a daily weighted average rate of Rs. 71.28. Since its listing in 1964, Pakistan Paper Products experienced a turnover of 659,500 shares and reported an earnings per share of Rs. 8.82.