ABL

⚡ Flash Summary

Allied Bank Limited (ABL) has announced its 3rd Interim Cash Dividend (D-65) for the year ending December 31, 2025, at a rate of 40% or Rs. 4.00 per share. The decision was made during the Board of Directors meeting on October 23, 2025. To determine shareholder entitlement, the Share Transfer Books will be closed from November 4, 2025, to November 6, 2025. Shareholders are requested to update their registered addresses with the Bank’s Share Registrar.

📌 Key Takeaways

• 💰 ABL declares 3rd Interim Cash Dividend (D-65) at 40% for the year ending December 31, 2025.
• 💵 Dividend amount is Rs. 4.00 per share.
• 🗓️ Board of Directors approved the dividend on October 23, 2025.
• 🔒 Share Transfer Books will be closed from November 4, 2025 to November 6, 2025.
• ⏳ Share transfer requests received by November 3, 2025 will be considered for dividend entitlement.
• 📍 Shareholders must notify changes in registered addresses to CDC Share Registrar Services Limited.
• 📑 Mandatory information like CNIC and IBAN must be provided to the Share Registrar.
• 🏦 Dividends will be withheld for shareholders who haven’t provided their CNIC and IBAN details.
• 🧾 Withholding tax will be deducted based on the Active Taxpayers List (ATL) status.
• ✅ ATL filers will have a 15% tax deduction.
• ❌ Non-ATL filers will face a 30% tax deduction.
• ⚖️ Joint shareholders’ tax will be deducted based on their share ratio.
• 📜 Valid tax exemption certificates are required for claiming exemption under Section 150 of the Income Tax Ordinance, 2001.
• 🏦 Physical shares should be converted into book-entry form as per SECP guidelines.
• 🌐 Shareholders can access the Centralized Cash Dividend Register (CCDR) via https://csp.cdcaccess.com.pk/.

🎯 Investment Thesis

Given the declaration of a substantial interim cash dividend, a HOLD recommendation appears appropriate at this time. The dividend indicates healthy financial performance, making the stock attractive to income-seeking investors. However, further analysis is needed to evaluate the long-term sustainability of the dividend payout, the impact of regulatory compliance, and other risk factors. The price target requires a more in-depth valuation analysis based on the bank’s financial statements, market conditions, and sector trends. A HOLD stance is advised until a more comprehensive analysis is completed.