OGDCL Announces Highest-Ever Annual Dividend of Rs17 Per Share

Oil & Gas Development Company Limited (OGDCL) held its 29th Annual General Meeting (AGM) on October 16, 2026, at the Company’s headquarter in Islamabad.

Shareholders approved a final cash dividend of Rs. 6 per share (60%), in addition to three interim cash dividends totalling Rs. 11 per share (110%) already paid during the financial year. This brings the total annual dividend to Rs. 17 per share (170%), marking the highest-ever annual dividend in the Company’s history.

The meeting was chaired by OGDC Board Chairman Mr. Zafar Masud, with the participation of MD/CEO Mr. Ahmed Hayat Lak and other members of the Board. The AGM was conducted in a hybrid format, enabling shareholders to participate both in person and through video link. Members of the Board and Management also addressed shareholders’ queries during the proceedings.

The Company remains committed to operational excellence, responsible growth and strengthening Pakistan’s energy security. With a continued focus on delivering sustainable value, OGDC will pursue new opportunities, enhance its contribution to the national economy and maximise long-term returns for its shareholders.

The record dividend underscores OGDC’s continued commitment to creating sustainable shareholder value while strengthening its position as a leading contributor to Pakistan’s energy sector.