BankIslami Pakistan Ltd. Enhances Dividend to 27.5%

Karachi, Reflecting a positive trajectory in its financial outcomes, BankIslami Pakistan Ltd. has increased its dividend to 27.5% for 2023, up from 10% in the preceding year. The "XD NC" listed company observed a trading rate of Rs. 22.79 and a daily average rate of Rs. 22.28. The bank's substantial paid-up capital, amounting to Rs. 11,087.03 million, accompanies an EPS of Rs. 19.9 for the period of January-March 2024. This announcement was met with a high turnover of 117,752,120 shares, indicating strong investor confidence.