Karachi, U.D.L. Modaraba 1st. NC (FUDLM) announced a 19% dividend for its shareholders for the year ending in June. The modaraba recorded an EPS of Rs. (0.07) and a daily weighted average rate of Rs. 5.60. Despite a negative EPS, the dividend declaration underscores the company’s commitment to its shareholders. The trading session saw the share price oscillate between Rs. 7.2 and zero, with a turnover of 272,500.