Bank AL Habib Announces Impressive Dividend for 2023

Karachi, In a recent financial disclosure, Bank AL Habib Ltd. (BAHL) reported a strong performance for the year ended December 2023, with a notable increase in its dividend payout. The bank’s daily weighted average rate was recorded at Rs. 86.22, and its paid up capital was Rs. 11,114.25 million. Demonstrating its financial health and commitment to shareholders, the bank declared a 140% dividend, a significant rise from the previous year’s 70%. The share price movement for Bank AL Habib was noted between Rs. 90 and Rs. 77.9, with a turnover of 29,395,413 shares in the January February 2024 timeframe. Listed on the Pakistan Stock Exchange since 1992, the bank has shown consistent growth and profitability.