Prosperity Weaving Mills Ltd. Declares a 30% Dividend for 2023

Karachi: Prosperity Weaving Mills Ltd. (PRWM) today closed at a share price of Rs. 26.99. The company, with a paid-up capital of Rs. 184.80 million, announced a 30% dividend for 2023, down from 100% in 2021 and 50% in 2022. The shares, which have a par value of Rs. 10, are available in market lots of 500. The company, which went public in 1995, traded shares between Rs. 24.4 and Rs. 26.99, with a turnover of 692,500 shares.