Equity Analysis /
Pakistan

MCB Bank (Pakistan): Highest dividend yield on offer

  • Estimates raised by 5% on average as we incorporate higher interest rates.

  • MCB will continue delivering a high cash payout translating into a D/Y of c.13% – highest in our banks coverage

  • Our new Dec’22 TP stands at PKR215/sh up from PKR210/sh previously

Yusra Beg
Yusra Beg

Senior Investment Analyst

Intermarket Securities
2 December 2021