Habib Bank Reports Robust Dividend and Earnings Growth

Karachi, Habib Bank Ltd. (HBL), a leading commercial bank, declared a 67.50% dividend for its shareholders, reflecting its solid financial stature for the year ending December 2023. The bank posted an impressive EPS of Rs. 21.04 for early 2024 and recorded a daily weighted average rate of Rs. 116.89. HBL’s stock achieved a high of Rs. 120.81 and a low of Rs. 103, with robust trading activity indicated by a turnover of 82,259,326 shares.