PNB
Punjab National Bank
₹99.49
Punjab National Bank Dividend 2024 : Should Punjab National Bank be a part of your dividend portfolio?
Punjab National Bank is one of the most popular Financial Services company in the world with a market capitalisation of ₹1,14,331.80Cr. Its share price is ₹99.49 as on 16 November,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Punjab National Bank gave ₹2.15 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 National Bank pays dividends to reward its shareholders.
- In the quarter ending March 2024, Punjab National Bank has declared dividend of ₹1.50 - translating a dividend yield of 2.16%.
Let's look at Punjab National Bank’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Punjab National Bank’s revenue were ₹35,111.47Cr in the quarter ending September 2024. The revenue grew by 17.6% year on year basis since last quarter.
- Punjab National Bank’s profits were ₹4,714.14Cr in the quarter ending September 2024. The profits grew by 136.87% year on year basis since last quarter.
- Punjab National Bank’s dividend was ₹1.50 in the quarter ending March 2024.
Punjab National Bank Dividend related ratios:
- Last dividend date: 09/05/2024
- Current Dividend Yield: 2.16%
- Annual dividend payment: ₹2.15
History of Punjab National Bank's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
21/06/2024 | CASH | ₹1.50 | 09/05/2024 | 22/06/2024 |
23/06/2023 | CASH | ₹0.65 | 19/05/2023 | 23/06/2023 |
22/06/2022 | CASH | ₹0.64 | 11/05/2022 | 23/06/2022 |
22/06/2015 | CASH | ₹3.30 | 08/05/2015 | 24/06/2015 |
