Bank Alfalah Limited Declares 50% Dividend for 2022

Karachi, Bank Alfalah Limited (BAFL), one of Pakistan's prominent commercial banks, announced a 50% dividend for its shareholders for the year ended December 2022. The closing rate of its shares was Rs. 58.08, with a turnover of 75,942,122 shares on the Pakistan Stock Exchange. The bank witnessed a high and low trading rate of Rs. 58 and Rs. 48, respectively. With a paidup capital of Rs. 15,771.65 million, Bank Alfalah showcased a solid financial standing. The EPS for January February 2024 was recorded at Rs. 8.00, indicating a positive financial outlook. The book closure occurred on March 15, 2004, reflecting its stable position in the financial sector.