Rafhan Maize Credits 1,000% Interim Cash Dividend for 2024

Lahore: Rafhan Maize Products Company Limited has credited an interim cash dividend of Rs.100 per share, equivalent to a 1,000% payout, to its shareholders. The announcement, made by the Board of Directors in a meeting on October 24, 2024, outlines the dividend for the financial year ending December 31, 2024. The dividend was deposited into shareholders' designated bank accounts on November 18, 2024.

According to information available from the Pakistan Stock Exchange (PSX), this substantial dividend reflects the company's financial strategy and commitment to returning value to its investors.

The interim dividend signifies Rafhan Maize's robust financial performance and strategic financial management leading up to the end of the fiscal year 2024. Shareholders received the credited amounts promptly, highlighting the company's efficient administrative processes.