MCB Bank Announces 90% Interim Dividend for First Quarter

Karachi, MCB Bank Limited has declared a significant first interim cash dividend for the first quarter of the year, reflecting a robust start to 2024.

According to MCB Bank Limited, the Board of Directors, led by Chairman Mian Mohammad Mansha, met on April 24 to review the bank’s performance and approved the condensed interim financial statements for the quarter ending March 31, 2024. The meeting culminated in the declaration of a first interim cash dividend of Rs. 9.0 per share, which equates to 90% for the quarter.

This announcement was detailed in a press release and marks a notable development for shareholders and the financial market, showcasing the bank’s continued financial health and commitment to returning value to its investors.

The post MCB Bank Announces 90% Interim Dividend for First Quarter appeared first on Pakistan Business News.

Check Also

Pakistan Stock Exchange Witnesses Bullish Trend

Islamabad: Pakistan Stock Exchange (PSX) continues to witness a bullish trend during the trading today, showing an increase of over eighteen hundred and sixty points in the Hundred Index. According to Radio Pakistan, the Hundred Index that closed at ...