Islamabad May 30 2023: Two flat steel companies of listed at Pakistan Stock Exchange announced surprise cash dividend despite facing tough economic conditions, according to filing to the exchange.
International Steels Limited (ISL) and International Industries Limited (INIL) announced interim dividend of PKR 3 per share and PKR 5.5 per share.
Share price of ISL gain 4.05 percent and INIL hit upper limit with jump of 7.51 percent after the announcement at Pakistan Stock Exchange.
The Share Transfer Books of both the companies will remain closed from June 9, 2023 to June 13, 2023 (both days inclusive).