KARACHI — In a filing sent to the Pakistan Stock Exchange (PSX), Askari Bank Limited (PSX: AKBL) has announced an interim cash dividend of Rs. 2.00 per share (20%) for the quarter ended June 30, 2026.
This payout comes in addition to the Rs. 2.00 per share dividend declared during the first quarter, bringing the bank’s total cumulative cash payout to Rs. 4.00 per share (40%) for the first half of the year.
Key Highlights
- Interim Dividend: Rs. 2.00 per share (20%).
- Cumulative Payout (H1 2026): Rs. 4.00 per share (40%).
- Bonus & Right Shares: None declared.
- Book Closure Dates: August 13, 2026 – August 18, 2026 (both days inclusive).
- Entitlement Record Date: August 12, 2026.
Profitability & Financial Overview
Alongside the payout, Askari Bank posted a strong financial performance. The bank recorded a 25.5% year-on-year increase in profit after tax (PAT) for the six-month period, reaching Rs. 13.33 billion. Earnings per share (EPS) for the half-year rose to Rs. 9.20, up from Rs. 7.33 during the same period last year.
Earnings were driven by a surge in non-markup income, which jumped 86% year-on-year to Rs. 12.57 billion, boosted by significant fee generation and capital gains. Net interest income also saw steady growth, rising to Rs. 43.96 billion.
Shareholder Entitlement Details
The recommended dividend will be paid to shareholders whose names appear on the Register of Members at the close of business on August 12, 2026. The Share Transfer Books of the bank will remain closed from August 13 to August 18, 2026, to determine dividend entitlements.
