MCB Bank Announces Substantial Dividend Payout

Karachi, MCB Bank Ltd. (MCB) has declared a 200% dividend for its stakeholders for the year ending December 2023, underscoring its robust financial health. The bank reported an EPS of Rs. 27.63 in the early months of 2024. MCB's stock price reached a high of Rs. 200 and a low of Rs. 171.25, with a daily average rate of Rs. 199.93 and a turnover of 18,356,598 shares.