Karachi: Pakistan Tobacco Company Limited has announced the electronic crediting of the third interim dividend for the financial year ending December 31, 2024. Shareholders who have provided bank mandates have received a dividend of Rs.35 per share, representing a 350% dividend rate.

The company successfully processed the dividend payment on September 27, 2024, directly into the bank accounts of its registered shareholders. This distribution reflects the company's ongoing commitment to return value to its investors.

According to information available from the Pakistan Stock Exchange (PSX), the financial performance of Pakistan Tobacco Company Limited remains robust, contributing to its ability to sustain high dividend payouts. The PSX data indicates a strong market position for the company in the industry.

This recent payout marks the third installment of dividends for the year, following the precedent set by earlier distributions. It underscores the company's stable financial health and its board of directors' confidence in maintaining a consistent dividend policy amidst the economic variables impacting the market.