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Karachi, Askari Bank Ltd. (AKBL) unveiled its financial achievements for the fiscal year 2023, showcasing an upward trend in its dividend payout. The bank’s shares traded at a daily weighted average of Rs. 22.86, supported by a robust paidup capital of Rs. 14,492.99 million. Demonstrating a commitment to shareholder value, Askari Bank increased its dividend from 15% in the previous year to 25% for 2023. The bank experienced a share price range of Rs. 25.51 to Rs. 22.25, with a high turnover of 59,248,000 shares from January to February 2024. Established in 1992, the bank continues to show strength and growth in the competitive banking sector.
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