Karachi: Allied Bank Limited has announced the crediting of its second interim cash dividend for the year ending December 31, 2026. The Board of Directors approved a dividend of Rs. 4.00 per share, equivalent to 40%, during a meeting held on August 19, 2026. The dividend was electronically credited to shareholders' designated bank accounts between September 7, 2026, and September 9, 2026. This action aligns with Regulation No. 5.6.10 of the PSX Rule Book.

According to information available from the Pakistan Stock Exchange (PSX), shareholders who provided valid Computerized National Identity Cards (CNICs) and International Bank Account Numbers (IBANs) received notifications regarding the dividend credit through SMS and email. The notices related to this dividend distribution are to be published in the Daily Business Recorder and Nawa-i-Waqt newspapers on September 11, 2026.

The bank has reiterated the mandatory requirement for shareholders to provide complete registration details, including CNIC numbers and valid IBANs, to avoid withholding of future dividends. This measure complies with Section 119 of the Companies Act, 2017, and Regulation 47 of the Companies Regulations, 2024.

Additionally, Allied Bank Limited is urging shareholders with physical share certificates to convert them into book-entry form. This conversion is in response to the Securities and Exchange Commission of Pakistan's requirement under Section 72 of the Companies Act, 2017, to replace physical shares with book-entry forms. The transition aims to ensure the safe custody of shares and facilitate easier transactions in the stock market.

Shareholders are also reminded to claim any unclaimed or unpaid dividends and share certificates as per Section 244 of the Companies Act, 2017. For assistance, shareholders can contact the CDC Share Registrar Services Limited in Karachi.