United Bank Sets Unprecedented Dividend Rate for 2024

Karachi, United Bank Ltd., trading as UBL, has set an unprecedented dividend rate of 440% for the year 2024, following a 220% dividend in the previous year. The bank recorded a daily weighted average rate of 181.63 Rs. on March 20, 2024, with a substantial paid-up capital of 12,241.80 million Rs. United Bank's remarkable EPS of 26.19* for the fiscal year 2022/2023 underscores its robust financial performance and aggressive strategy to reward shareholders since its 2005 listing.