Punjab National Bank Dividends and Buybacks
Dividend criteria checks 4/6
Punjab National Bank is a dividend paying company with a current yield of 1.5% that is well covered by earnings.
Key information
1.5%
Dividend yield
-4.5%
Buyback Yield
| Total Shareholder Yield | -3.0% |
| Future Dividend Yield | 3.1% |
| Dividend Growth | 2.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹1.500 |
| Payout ratio | 18% |
Recent dividend and buyback updates
Punjab National Bank's (NSE:PNB) Dividend Will Be Increased To ₹1.50
Jun 15
Punjab National Bank's (NSE:PNB) Dividend Will Be Increased To ₹1.50
May 12Punjab National Bank's (NSE:PNB) Shareholders Will Receive A Bigger Dividend Than Last Year
Jun 23Recent updates
Punjab National Bank's (NSE:PNB) Dividend Will Be Increased To ₹1.50
Jun 15Punjab National Bank's (NSE:PNB) Dividend Will Be Increased To ₹1.50
May 12We Ran A Stock Scan For Earnings Growth And Punjab National Bank (NSE:PNB) Passed With Ease
Apr 07Does Punjab National Bank (NSE:PNB) Deserve A Spot On Your Watchlist?
Dec 15Punjab National Bank's (NSE:PNB) Shareholders Will Receive A Bigger Dividend Than Last Year
Jun 23Punjab National Bank (NSE:PNB) Is Increasing Its Dividend To ₹0.65
Jun 09Punjab National Bank (NSE:PNB) Is Increasing Its Dividend To ₹0.65
May 22If You Like EPS Growth Then Check Out Punjab National Bank (NSE:PNB) Before It's Too Late
Jan 30Do Punjab National Bank's (NSE:PNB) Earnings Warrant Your Attention?
Jul 09Stability and Growth of Payments
Fetching dividends data
Stable Dividend: PNB's dividend payments have been volatile in the past 10 years.
Growing Dividend: PNB's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Punjab National Bank Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (PNB) | 1.5% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (Banks) | 1.2% |
| Analyst forecast (PNB) (up to 3 years) | 3.1% |
Notable Dividend: PNB's dividend (1.5%) is higher than the bottom 25% of dividend payers in the Indian market (0.25%).
High Dividend: PNB's dividend (1.5%) is in the top 25% of dividend payers in the Indian market (1.17%)
Current Payout to Shareholders
Earnings Coverage: With its low payout ratio (18.1%), PNB's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: PNB's dividends in 3 years are forecast to be well covered by earnings (20% payout ratio).