Popular Islamic Modaraba Announces Dividend Distribution

Lahore, Popular Islamic Modaraba (PIM), a company listed since 2016, declared a 3.744% distribution for its shareholders for the year ending June 2024. With a paidup capital of Rs. 140.00 million, PIM showed a minimal turnover of 6,500 and today’s rate at Rs. 12.1. The absence of a reported EPS for January 2024 contrasts with its commitment to shareholder returns.