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 ₹1,20,560.97Cr. Its share price is ₹107.97 as on 3 December,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 1.99%.
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: 1.99%
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
Punjab National Bank Dividend v/s Punjab National Bank Share price
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