Standard Chartered Bank Pakistan Announces Dividend Increase

Business & Finance

Karachi, Standard Chartered Bank Pakistan Ltd. (SCBPL) revealed an increase in its dividend distribution for the year, announcing 40% for 2022 and 67.50% for 2023. The bank reported an EPS of Rs. 34 for the period. Trading at a daily weighted average rate of Rs. 51.07, with a high of Rs. 51.93, SCBPL has a significant paid-up capital of Rs. 38,715.85 million. The bank, listed in 2007, declared its previous book closure date on March 19, with a market lot size of 500.