Bullish indicating open at $55-$60, IPO prices at $37
KARACHI - United Bank Limited (UBL) announced on Friday an interim cash dividend of Rs.8 per share (160%) for the quarter ended June 30, 2025, as approved by its Board of Directors during their 256th meeting held in London.
This dividend comes in addition to the interim dividend of Rs.11 per share (110%) already paid, according to a statement filed with the Pakistan Stock Exchange. The bank reported a profit after taxation of Rs.63.79 billion for the six months ended June 30, 2025, compared to Rs.29.45 billion in the same period last year.
UBL’s earnings per share rose to Rs.25.69 for the half-year period, up from Rs.12.03 in the corresponding period of 2024, reflecting a significant improvement in profitability.
The bank’s net mark-up income increased to Rs.175.42 billion in the first half of 2025 from Rs.53.64 billion in the same period last year. Total (EPA:TTEF) assets grew to Rs.11.09 trillion as of June 30, 2025, compared to Rs.8.06 trillion at the end of December 2024.
The entitlement will be paid to shareholders whose names appear in the Register of Members with their IBAN details on July 21, 2025. The Share Transfer Books will remain closed from July 22 to July 24, 2025.
The announcement was made in a press release statement issued by the bank.
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