Sitara Chemical Industries Ltd. Announces Substantial Dividends; Strong EPS

Karachi, Sitara Chemical Industries Ltd. (SITC) closed at Rs. 304.73 with a daily weighted average of Rs. 304.55. The company declared an 80% cash dividend and a 100% bonus. According to information available from the Pakistan Stock Exchange (PSX), Sitara Chemical has a paid-up capital of Rs. 214.29 million and traded 1,079,607 shares. Listed since 1987, the shares reached a high of Rs. 270 and a low of Rs. 234, with earnings per share of Rs. 46.35.