Thal Limited Announces Substantial Dividend Increase

Business & Finance

Karachi, Thal Limited, identified by THALL, announced a significant dividend increase, declaring 150% for this year and planning an even higher 160% for the next year, with an additional 40% interim. The stock closed at Rs. 432.03, above its daily average of Rs. 420.52. According to information available from the Pakistan Stock Exchange (PSX), Thal Limited has a paid-up capital of Rs. 405.15 million. Since its 1967 listing, the company’s shares have ranged from Rs. 379.9 to Rs. 250.