Karachi, Allied Bank Limited (ABL), listed on the Pakistan Stock Exchange, today reported an earnings per share (EPS) of Rs. 18.51 for the first quarter ending March 2024. The commercial bank, headquartered in Karachi has proposed an enhanced dividend payout of 120% for the year 2024, up from 85% in 2022. Shares of Allied Bank traded at a high of Rs. 89.9 and a low of Rs. 81.6, closing at Rs. 98.35. The company, which was listed in 2005, recorded a daily weighted average rate of Rs. 98.35 and has a paid-up capital amounting to Rs. 11,450.74 million.