Bank of Punjab Announces Dividends, Reflects Strong Market Position

Karachi, Bank of Punjab (BOP) has declared a 10% bonus dividend alongside a 10% cash dividend for the year ending December 2023, signaling its robust position in the market. With a paid-up capital of Rs. 32,715.69 million, BOP experienced a vibrant trading year, with its share price peaking at Rs. 7.31 and dipping to Rs. 5.7, eventually settling at Rs. 6.28. The bank's earnings per share stood at Rs. 3.64, reflecting a positive financial outlook. The substantial trading volume of 320,899,286 shares highlights the strong investor confidence in BOP’s performance and strategic direction.