PSB
Punjab & Sind Bank
₹56.86
Punjab & Sind Bank Dividend 2024 : Should Punjab & Sind Bank be a part of your dividend portfolio?
Punjab & Sind Bank is one of the most popular Financial Services company in the world with a market capitalisation of ₹38,558.83Cr. Its share price is ₹56.86 as on 7 September,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Punjab & Sind Bank gave ₹0.20 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
- Financial Services stocks do not always pay a dividend but as Punjab & Sind Bank pays dividends to reward its shareholders.
- In the quarter ending March 2024, Punjab & Sind Bank has declared dividend of ₹0.20 - translating a dividend yield of 0.35%.
Let's look at Punjab & Sind Bank’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Punjab & Sind Bank’s revenue were ₹2,846.02Cr in the quarter ending June 2024. The revenue grew by 14.1% year on year basis since last quarter.
- Punjab & Sind Bank’s profits were ₹181.50Cr in the quarter ending June 2024. The profits grew by 18.88% year on year basis since last quarter.
- Punjab & Sind Bank’s dividend was ₹0.20 in the quarter ending March 2024.
Punjab & Sind Bank Dividend related ratios:
- Last dividend date: 10/05/2024
- Current Dividend Yield: 0.35%
- Annual dividend payment: ₹0.20
History of Punjab & Sind Bank's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
16/07/2024 | CASH | ₹0.20 | 10/05/2024 | 17/07/2024 |
04/07/2023 | CASH | ₹0.48 | 02/05/2023 | 04/07/2023 |
04/07/2022 | CASH | ₹0.31 | 19/05/2022 | 06/07/2022 |
20/06/2016 | CASH | ₹1.65 | 10/05/2016 | 22/06/2016 |
19/06/2015 | CASH | ₹0.60 | 12/05/2015 | 23/06/2015 |
