Meezan Bank Showcases Strong Dividend Payout and Earnings

Karachi, Meezan Bank Ltd. (MEBL) communicated to the Pakistan Stock Exchange a notable dividend distribution of 200% and an earnings per share of Rs. 25.15 for the early part of 2024. The bank's stock achieved a high of Rs. 196.51, with a daily average rate of Rs. 17,912.53. Since its listing in 2000, Meezan Bank has maintained a consistent performance, underlining its position as a leading Islamic financial institution.