Bank AL Habib Declares Interim Cash Dividend of Rs.4.50 per Share

Karachi, The Board of Directors of Bank AL Habib Limited convened on August 23, 2023, and announced the declaration of an Interim Cash Dividend at a rate of 45% i.e., Rs.4.50 per share of Rs.10/- each for the fiscal year ending December 31, 2023.

The decision to distribute the interim dividend reflects the Bank's commitment to sharing its success and value creation with its shareholders. This payout is a testament to the Bank's steady performance and financial stability even amid challenging market conditions.

To facilitate the dividend distribution process, Bank AL Habib has set a period of share transfer book closure. From September 07, 2023, to September 11, 2023, the share transfer books will remain closed, encompassing both these dates.

Investors are advised that transfers received in good order at the office of the Bank's Share Registrar, CDC Share Registrar Services Limited, situated at CDC House, 99-B, Block-B, S.M.C.H.S., Main Shahrah-e-Faisal, Karachi-74400, by the close of business on September 06, 2023, will be considered timely for the payment of the cash dividend.

Bank AL Habib encourages its esteemed shareholders to promptly communicate any updates or changes to their contact information and addresses to the Share Registrar. This ensures the seamless communication of dividend-related matters and other important notifications.

The Bank's initiative to distribute an interim cash dividend showcases its dedication to shareholder value and its continued pursuit of excellence within the banking sector. The Bank remains steadfast in its mission to uphold the highest standards of financial services and to deliver returns that align with shareholders' expectations.

For any inquiries or clarifications, shareholders are encouraged to refer to the official communications provided by Bank AL Habib Limited through its designated channels.