Standard Chartered Bank Ltd. NC Announces High Dividends Following Strong Trading Performance

Karachi, Standard Chartered Bank Ltd. NC (Symbol: SCBPL) trades today at Rs. 58.49, nearly matching its daily weighted average of Rs. 58.03. According to information available from the Pakistan Stock Exchange (PSX), the bank announced significant dividends of 40% for 2022, 90% for 2023, and a projected 15% for 2024. With a paid-up capital of Rs. 38,715.85 million, the bank has maintained a steady trading volume of 5,572,000 shares. Listed since 2007, SCBPL achieved a high trading price of Rs. 59.9 and a low of Rs. 34 during the first four months of 2024, with an earnings per share of Rs. 5.13 for 2022/2023.