Punjab & Sind Bank Dividends and Buybacks
Dividend criteria checks 2/6
Punjab & Sind Bank is a dividend paying company with a current yield of 0.43% that is well covered by earnings.
Key information
0.4%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | -16.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹0.200 |
| Payout ratio | 23% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 533295's dividend payments have been volatile in the past 10 years.
Growing Dividend: 533295's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Punjab & Sind Bank Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (533295) | 0.4% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.1% |
| Industry Average (Banks) | 1.2% |
| Analyst forecast (533295) (up to 3 years) | n/a |
Notable Dividend: 533295's dividend (0.43%) is higher than the bottom 25% of dividend payers in the Indian market (0.25%).
High Dividend: 533295's dividend (0.43%) is low compared to the top 25% of dividend payers in the Indian market (1.14%).
Current Payout to Shareholders
Earnings Coverage: With its low payout ratio (22.8%), 533295's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years or that it will be covered by earnings.