Habib Bank Ltd. Rewards Shareholders with Exceptional Dividends

Karachi, Habib Bank Ltd., trading as HBL, declared an impressive dividend rate of 67.5% for 2022, further raising it to 97.5% for 2023 with an interim of 40%. The bank’s financial stability is evidenced by its paid-up capital of Rs. 14,668.52 million and today’s rate of Rs. 113.97 alongside a daily weighted average rate of Rs. 113.75. According to information available from the Pakistan Stock Exchange (PSX), the bank demonstrates strong shareholder returns.

During the first four months of 2024, HBL’s shares reached a high of Rs. 120.81 and a low of Rs. 103, reflecting significant market activity with a turnover of 234,135,851 shares. The earnings per share stood at Rs. 21.04 for the year 2022/2023. Habib Bank has been a fixture on the stock exchange since 2007, with the last book closure on May 6, 2007.