BankAL Habib Ltd. Announces Substantial Dividend Increase

Karachi, Demonstrating a solid financial stance, BankAL Habib Ltd. declared an impressive 140% dividend for 2023, significantly up from 70% the previous year. The bank’s shares, trading under the “NC” symbol, saw a stable rate of Rs. 85.59, with a weighted average of Rs. 85.40. With a paid-up capital of Rs. 11,114.25 million, the bank reported an EPS of Rs. 77.9 for the first quarter of 2024. This financial milestone was reflected in the active trading volume, totaling 43,030,868 shares.