MCB ki yearly dividend yield 18% hai. Ye levels 60% payout ratio par hain, jo ke pichle 10 saalon mein qaim rahi 75% average se mukhtalif hai, mazeed payout mein izafa mumkin hai.
Umeed hai ke during the period interest rate ke risks mein kami aaye gi (management CY24 mein 200bp – 300bp ki kami ka tepectations karti hai jo ke 2HCY24 ki taraf jhuka hua hai), bank ko payouts increase karne ke liye Room for expansion mil sakta he jo ke 20.4% Total CAR hai, minimum requirement 11.5% ke muqable mein.
Monetary easing ke imkanat ke darmiyan, management ne apne Corporate Briefing session mein kal izhar kiya ke low-cost deposits ko jari rakhne par tawajjo deni hai. Jabke bank ke 17% Investment book Fixed PIBs mein invest hai, to lagbhag 75% book T-Bills aur Floater PIBs mein invest hai.
Report by Muhammad Noman – MN
