Karachi, Popular Islamic Modaraba announced a dividend rate of 4.557% for the year 2024, slightly up from 3.744% in the previous year. The share price was quoted at Rs 11.30, reflecting a stable financial standing. The company, which began operations in 2016, has a paid-up capital of Rs 140.00 million. Despite reporting no EPS for the January-March 2024 quarter, the slight increase in dividend payout highlights its commitment to shareholder value. Trading activity remained low, with a turnover of 13,500 shares.