Siemens (Pakistan) Engineering Announces Record Dividend, Reflecting Strong Market Position

Karachi, Siemens (Pakistan) Engineering. (SIEM), a stalwart in the engineering sector since its 1978 listing, today reported an impressive closing rate of Rs. 580.35 with a daily average slightly lower at Rs. 579.68. The company boasts a paid-up capital of Rs. 82.47 million and declared a substantial 460% distribution, signaling robust financial health and investor confidence. This significant dividend highlights the company's strong footing in the market, with a trading high of Rs. 569.75.