Habib Metropolitan Bank Ltd. Increases Dividend Payout in 2024

Karachi, Habib Metropolitan Bank Ltd., trading under the symbol XD NC, has revealed its financial performance for the first quarter of 2024, posting an EPS of Rs. 51.02. The bank experienced a daily weighted average rate of Rs. 56.77, with today's rate closing at Rs. 56.99. The paid-up capital was reported at Rs. 10,478.32 million. Notably, the bank has increased its dividend distribution to 105% for 2024, up from 52.50% in 2023. Listed in 1992, the bank had a previous book closure on March 21, with a market lot of 500 and a turnover of 14,636,500.