Security Papers Ltd. Reports Strong Earnings and Increases Dividend in Q1 2024

Karachi, Security Papers Ltd. (SEPL), a leading firm in the security papers sector, has announced its financial outcomes for the first quarter of 2024, marking strong earnings and an increased dividend payout. Listed on the Pakistan Stock Exchange since 1967, SEPL reported an earnings per share of Rs 16.33 for JanuaryMarch 2024. The company has progressively raised its dividends, offering 100% in 2022, 110% in 2023, and an interim dividend of 25% for 2024, highlighting its financial strength and dedication to shareholder returns. With a paidup capital of Rs 592.56 million and a daily trading volume of 913,500 shares, SEPL's share price fluctuated between Rs 135.39 and Rs 155, demonstrating strong investor interest in its financial performance.