Karachi, Allied Bank Ltd. (ABL) has declared a substantial dividend payout following a solid financial performance for the year ending December 2023. The bank announced a final cash dividend of 120%, alongside an interim dividend of 85%, reflecting its robust profitability and confidence in its financial health. With a paid-up capital of Rs. 11,450.74 million, ABL has reported earnings per share (EPS) of Rs. 18.51 for January 2024, showcasing a strong financial position. The stock witnessed high trading activity, with rates fluctuating between Rs. 88.4 and Rs. 81.6, and a total turnover of 319,500 shares. The previous book closure was on March 21, 2023, marking another successful year for the bank since its listing in 2005.