Punjab & Sind Bank (NSE:PSB) Dividend Yield % : 0.87% (As of May. 14, 2024)

Punjab & Sind Bank Dividend Yield % Chart

Punjab & Sind Bank Annual Data
	Trend	Mar14	Mar15	Mar16	Mar17	Mar18	Mar19	Mar20	Mar21	Mar22	Mar23
Dividend Yield %		Get a 7-Day Free Trial					-	-	-	-	1.21

Punjab & Sind Bank Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Yield %	Get a 7-Day Free Trial															0.96	1.21	0.97	1.03	1.11

Competitive Comparison of Punjab & Sind Bank's Dividend Yield %

For the Banks - Regional subindustry, Punjab & Sind Bank's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Punjab & Sind Bank's Dividend Yield % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Punjab & Sind Bank's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Punjab & Sind Bank's Dividend Yield % falls into.

Punjab & Sind Bank Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Punjab & Sind Bank Recent Full-Year* Dividend History

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Punjab & Sind Bank's Trailing Annual Dividend Yield (%) for Today is calculated as

Current Share Price is ₹54.95.
Punjab & Sind Bank's Dividends per Share for the trailing twelve months (TTM) ended in Today is ₹0.48.

Punjab & Sind Bank's Forward Annual Dividend Yield (%) for Today is calculated as

Current Share Price is ₹54.95.
Punjab & Sind Bank's Dividends per Share for the forward twelve months is calculated as ₹ * = ₹.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Punjab & Sind Bank  (NSE:PSB) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.

Punjab & Sind Bank Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Punjab & Sind Bank's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.

Punjab & Sind Bank (NSE:PSB) Business Description