Day: November 24, 2023

Habib Bank Ltd. Announces Substantial Returns to Shareholders

Karachi, (PPI Bot): Habib Bank Ltd. NC, one of the leading commercial banks, has declared a 75% dividend along with a 67.50% distribution and a 57.50% interim for the year, signaling robust profitability. The bank’s substantial paid-up capital of Rs. …

Alfalah GHP Islamic Value Fund Announces Modest Distribution

Karachi, The Alfalah GHP Islamic Value Fund, established in 2018, has shown a steady increase in its redemption price from 107.39 to 108.3. This period, the fund has declared a distribution of Rs 0.236 per unit, aligning with its consistent performanc…

JS Bank Ltd Maintains Steady Market Presence

Karachi, JS Bank Ltd, a non-convertible bank, maintained a steady market presence with a today’s rate of Rs. 9.37 and a daily weighted average rate of Rs. 20,506.62 for December. The bank declared no cash distribution but a 17% bonus. Listed in 2007, …

Alfalah GHP Conservative Allocation Plan Sees Modest Gains

Karachi, (PPI Bot): Another plan under the Alfalah GHP Prosperity Planning Fund, the Alfalah GHP Conservative Allocation Plan, listed in 2015, reported a 4.28% distribution in 2021 and Rs. 0.8900 per unit. The plan’s offer price was Rs. 116.07, and it…

MCB Bank Ltd. Offers Exceptional Dividends Amidst High Performance

Karachi, (PPI Bot): MCB Bank Ltd. NC announced exceptional dividends of 190% and 200%, with a further 210% interim. The bank’s paid-up capital is Rs. 11,850.60 million, and it has recorded a high trading rate of Rs. 153.97 and a low rate of Rs. 106.99…

Alfalah GHP Sovereign Fund Announces Solid Distribution

Karachi, (PPI Bot): The Alfalah GHP Sovereign Fund, listed in 2014, reported a 5.57% distribution in 2021 and Rs 5.2464 per unit in 2022. The fund’s offer price was Rs. 119.56, and its redemption price was Rs. 118.22.

Meezan Bank Ltd. Delivers Significant Dividend Growth

Karachi, (PPI Bot): Meezan Bank Ltd. NC declared a 60% dividend along with a 15% bonus, and an 85% distribution with a 10% bonus, culminating in a 120% interim. With a paid-up capital of Rs. 17,912.53 million, the bank has shown remarkable growth with…

Alfalah GHP Value Fund Records Highest Distribution

Karachi, (PPI Bot): The Alfalah GHP Value Fund, listed in 2005, reported the highest distribution among its peers at 14.99% in 2021. The fund’s offer price was Rs. 66.62, and its redemption price was Rs. 64.43.

National Bank of Pakistan.XD Shows Steady Financial Performance

Karachi, (PPI Bot): National Bank of Pakistan.XD NC reported a steady financial performance with a 10% dividend declaration for the year. The bank’s substantial paid-up capital of Rs. 21,275.13 million was matched by a high trading rate of Rs. 27.4 an…

Askari Islamic Income Fund Maintains Steady Performance

Karachi, (PPI Bot): The Askari Islamic Income Fund, listed in 2007, has reported a stable performance with no significant changes in its offer and redemption prices for the financial year 2023. The fund, operating with a June year-end, has not announc…

Samba Bank Limited Allocates Dividends Amidst Modest Performance

Karachi, (PPI Bot): Samba Bank Limited NC has declared a 6% dividend for the year, reflecting a conservative yet positive financial approach. The bank’s market performance was modest, with a paid-up capital of Rs. 10,082.39 million, closing the rate a…