Lahore: MCB Bank Limited has declared an interim cash dividend of PKR 9.00 per share, totaling a 90% payout for the half-year ended June 30, 2024. The announcement came following a Board of Directors meeting held today in Lahore and virtually via Zoom.
According to information available from the Pakistan Stock Exchange (PSX), the dividend declared today matches the interim dividends previously paid, maintaining a steady return to shareholders amid the reporting period. The Board confirmed no issuance of bonus or right shares and stated no other corporate actions or price-sensitive information.
Shareholders registered by August 19, 2024, will be eligible for the declared dividend. The bank has scheduled the closure of its Share Transfer Books from August 20 to August 22, 2024, with transfers processed at the office of Share Registrar, M/s THK Associates (Pvt.) Limited in Karachi, effectively closing by the aforementioned date.
MCB Bank also noted that the half-yearly financial statements for the period ending June 30, 2024, will be separately transmitted through PUCARS within the specified timeline.