Arif Habib Limited Reports Robust Dividend Outlook

Karachi, Arif Habib Limited (AHL) witnessed a small increase in today’s trading, ending at Rs. 56.40 compared to its average rate of Rs. 56.47. The firm boasts a substantial paid-up capital of Rs. 653.40 million and is set to distribute a 60% dividend this June, followed by 25% next year. According to information available from the Pakistan Stock Exchange (PSX), AHL was listed in 2007 and has a volume of 5,978,000 shares traded. The stock’s price varied from Rs. 52.9 to Rs. 42 from January to April 2024. The company reported an EPS of Rs. 2.83 for 2022/2023.