MCB Bank Delivers Strong Dividend Payout in 2023

Karachi, MCB Bank Ltd. (MCB) has solidified its position in the financial sector by announcing an impressive cash dividend of 300% for the year ending December 2022. The bank recorded an earnings per share of 203.00 for January to February 2024, demonstrating its robust financial health. With a paidup capital of Rs. 11,850.60 million, MCB experienced a daily weighted average rate with a high of Rs. 200 and a low of Rs. 171.25, alongside a turnover of 18,356,598 shares. The book closure date was set for February 18, reflecting the bank’s readiness for its annual general meeting. MCB, listed since 1992, continues to outperform expectations, showcasing a commitment to excellence and shareholder return.