Credit of Final Cash Dividend of Meezan Bank Limited

Karachi, Meezan Bank Limited informed Pakistan Stock Exchange that the final cash dividend @ Rs. 1.50 per share, i.e. 15% for the year ended June 30, 2021 has been credited electronically into the designated bank accounts of the shareholders of the Company on November 05, 2021.

The Bank was granted a ‘Scheduled Islamic Commercial Bank license on January 31, 2000 and formally commenced operations as a Scheduled Islamic Commercial Bank with effect from March 20, 2002. It is engaged in corporate, commercial, consumer, investment and retail banking activities.

The total number of shares are 1,414,722,747. The Earnings per shares of the Company is 15.67 in 2020 which was 10.77 in 20190. The Profit after Taxation of the Company is 22,165,606,000 in 2020 which was 15,232,074,000 in 2019.