Islamabad: The Board of Directors of Oil and Gas Development Company Limited (OGDCL) has declared a final cash dividend of Rs 4.00 per share for the fiscal year 2023-24, culminating in a total dividend of 101% when combined with previously distributed interim dividends.

According to Oil and Gas Development Company Limited, the final dividend was approved during a board meeting on September 23, 2024. This dividend adds to the interim dividends of Rs 6.10 per share, bringing the total dividend for the year to Rs 10.10 per share. The entitlement will be payable to shareholders listed in the Register of Members as of October 17, 2024, with the Share Transfer Books remaining closed from October 18 to October 25, 2024.

The company’s Annual General Meeting (AGM) is scheduled for October 25, 2024, in Islamabad, where shareholders will review the detailed financial results and performance summaries enclosed in the company’s annual report, which will be distributed through PUCARS within the stipulated timeframe.