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Punjab & Sind Bank

₹61.70

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 ₹40,998.83Cr. Its share price is ₹61.70 as on 21 May,2024.

The dividend is a percentage of earnings paid out to shareholders. Last year, Punjab & Sind Bank gave ₹0.79 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 2023, Punjab & Sind Bank has declared dividend of ₹0.48 - translating a dividend yield of 1.28%.

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 ₹2,894.22Cr in the quarter ending March 2024. The revenue grew by 9.13% year on year basis since last quarter.
  • Punjab & Sind Bank’s profits were ₹139.35Cr in the quarter ending March 2024. The profits fell by -69.51% year on year basis since last quarter.
  • Punjab & Sind Bank’s dividend was ₹0.48 in the quarter ending March 2023.

Punjab & Sind Bank Dividend related ratios:

  • Last dividend date: 02/05/2023
  • Current Dividend Yield: 1.28%
  • Annual dividend payment: ₹0.79

Punjab & Sind Bank Dividend v/s Punjab & Sind Bank Share price

History of Punjab & Sind Bank's Dividend payments

Ex/EFF DATETYPECASH AMOUNTDECLARATION DATERECORD DATE
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
12/06/2014
CASH
₹0.60
12/05/2014
14/06/2014
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FAQs

Punjab & Sind Bank current market price is ₹61.70 per share

Punjab & Sind Bank has declared dividend worth ₹0.48 in the latest quarter.

Punjab & Sind Bank has declared dividend on 02/05/2023 of ₹0.48.

Punjab & Sind Bank has declared dividend 1 times of ₹0.48 in the previous financial year (FY2023-2024)