Bank Alfalah Limited Announces High Dividend Payouts Amid Strong Performance

Karachi, Bank Alfalah Limited, listed as BAFL, recorded a closing rate of Rs. 62.43 and a daily weighted average of Rs. 62.12. The bank declared a 50% dividend in 2022, which increased to 80% in the following year. According to information available from the Pakistan Stock Exchange (PSX), with a paid-up capital of Rs. 15,771.65 million, Bank Alfalah saw a high share rate of Rs. 60.48 and a low of Rs. 48 during January to April 2024, with a trading volume of 144,593,933 shares. The bank, established in 2004, noted an EPS of Rs. 8.00 for the period.