Karachi: Askari Bank Limited has announced the successful crediting of its Third Interim Cash Dividend for the fiscal year ending December 31, 2026, offering a dividend rate of Rs.2.0 per share, which translates to a 20% payout. The announcement was made following the Board of Directors' meeting on October 22, 2026.

The bank informed its shareholders on November 12, 2026, that the dividend has been credited directly into the designated bank accounts of shareholders who have provided valid International Bank Account Numbers (IBAN) and Computerized National Identity Cards (CNIC). This marks a significant development for shareholders who rely on timely and direct financial returns on their investments.

According to information available from the Pakistan Stock Exchange (PSX), the distribution of dividends via electronic means aligns with contemporary practices aimed at enhancing efficiency and transparency in financial transactions. The move is expected to bolster investor confidence by simplifying the dividend payment process.

Shareholders are encouraged to visit the Centralized Cash Dividend Register (CCDR) on the eServices Web Portal of the Central Depository Company of Pakistan (CDC). The portal provides access to detailed information regarding the status of their dividends, including whether they have been paid or withheld, the total amount credited, any tax deductions applied, and the net cash amount credited into their respective bank accounts.

This initiative underscores Askari Bank Limited's commitment to leveraging technology to improve shareholder engagement and streamline its financial operations.