Habib Bank Announces Substantial Dividend Increase Amid High Profits

Karachi, Habib Bank Ltd. (NC) has declared a 97.5% dividend for 2024, significantly up from the previous year's 67.5%. The company posted a robust EPS of Rs. 103 for January to March 2024. The share price reached a high of Rs. 115.81 with a slightly lower daily average of Rs. 115.12. Habib Bank has been on the PSE since 2007, with a current paid-up capital of Rs. 14,668.52 million.