Meezan Bank Ltd Reports Strong Dividend, Karachi

Karachi, Meezan Bank Ltd (MEBL) closed at Rs. 164.34, with a daily weighted average rate of Rs. 164.35. The bank, with a massive paid-up capital of Rs. 17,912.53 million, declared an 85% dividend and a 10% bonus for 2022, and 120% interim for 2023. Its high rate was Rs. 178.98, and the low rate was Rs. 82.42, with a turnover of 382,718,804 shares. The EPS for 2022/2023 was Rs. 17.43. Meezan Bank Ltd has been on the Pakistan Stock Exchange since 2000.

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