PSB
Punjab & Sind Bank
₹63.05
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 ₹42,706.83Cr. Its share price is ₹63.05 as on 1 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 1.25%.
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 ₹2,852.71Cr in the quarter ending December 2023. The revenue grew by 27.07% year on year basis since last quarter.
- Punjab & Sind Bank’s profits were ₹114.31Cr in the quarter ending December 2023. The profits fell by -69.37% 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: 1.25%
- Annual dividend payment: ₹0.79
History of Punjab & Sind Bank's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD 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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