Karachi: Allied Bank Limited has announced the electronic crediting of its final cash dividend for the year ended December 31, 2024, marking a notable financial closure for the bank's shareholders. This dividend distribution process took place between March 25, 2025, and March 27, 2025.
The bank confirmed that a final cash dividend, designated as D-62, has been credited at a rate of Rs. 4.00 per share, equating to a 40 percent payout for the shareholders. This dividend is in accordance with Regulation No. 5.6.10 of the Pakistan Stock Exchange (PSX) Rule Book, ensuring a systematic approach to shareholder returns.
According to information available from the Pakistan Stock Exchange (PSX), the process of electronically crediting the dividend was successfully executed within the stipulated timeframe. This initiative reflects the bank's commitment to fulfilling its financial obligations to its shareholders efficiently.
In compliance with Regulation No. 5.6.9 (b) of the PSX Rule Book, Allied Bank Limited has also prepared notices in both English and Urdu. These notices are set to be published in the Daily Business Recorder and Nawa-i-Waqt, encompassing the combined editions for Karachi, Lahore, and Islamabad, on Friday, March 28, 2025.
The designated market category for this financial announcement highlights the methodical and regulated approach adopted by Allied Bank Limited, ensuring transparency and accessibility of information to all stakeholders involved.