Punjab & Sind Bank Dividend
Dividend criteria checks 2/6
Punjab & Sind Bank is a dividend paying company with a current yield of 0.77% that is well covered by earnings.
Key information
0.8%
Dividend yield
25%
Payout ratio
Industry average yield | 1.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ₹1.35 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Do Institutions Own Punjab & Sind Bank (NSE:PSB) Shares?
Feb 21What Kind Of Investors Own Most Of Punjab & Sind Bank (NSE:PSB)?
Nov 09Punjab & Sind Bank's (NSE:PSB) Stock Price Has Reduced 74% In The Past Three Years
Sep 15Are Institutions Heavily Invested In Punjab & Sind Bank's (NSE:PSB) Shares?
Jul 24Stability and Growth of Payments
Fetching dividends data
Stable Dividend: PSB's dividend payments have been volatile in the past 10 years.
Growing Dividend: PSB'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 (PSB) | 0.8% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.2% |
Industry Average (Banks) | 1.0% |
Analyst forecast in 3 Years (PSB) | n/a |
Notable Dividend: PSB's dividend (0.77%) is higher than the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: PSB's dividend (0.77%) is low compared to the top 25% of dividend payers in the Indian market (1.18%).
Current Payout to Shareholders
Earnings Coverage: With its low payout ratio (24.8%), PSB'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.