Punjab & Sind Bank Stock Dividends
Punjab & Sind Bank Stock Dividends Overview
PSB.NS pays dividends yearly. Last paid amount was ₹0.480 at Jul 04, 2023. As of today, dividend yield (TTM) is 1.45%.
Dividend Yield Range
AI Analysis of PSB.NS
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 1.45% |
|---|---|
| Frequency | Yearly |
| 1Y Growth | 0% |
| Payout Ratio | 0 |
| Amount Per Share | ₹0.480 |
| Next Ex-Dividend Date | Jul 16, 2024 |
| Next Payment Date | Aug 23, 2024 |
Upcoming Dividend Payment
To receive the upcoming dividend from PSB the purchase should be done within the next 16 days.
Here's a simple guide on how to buy PSB stock.
PSB Dividend Payout History
To ensure a understanding of PSB's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jul 16, 2024 | Jul 16, 2024 | Aug 23, 2024 | ₹0.200 | 0.335% |
| 2 | Jul 04, 2023 | Jul 04, 2023 | Jul 04, 2023 | ₹0.480 | 1.45% |
| 3 | Jul 04, 2022 | Jul 04, 2022 | Jul 04, 2022 | ₹0.310 | 2.14% |
| 4 | May 10, 2016 | Jun 20, 2016 | Jul 28, 2016 | ₹1.65 | 3.29% |
| 5 | May 12, 2015 | Jun 19, 2015 | Jun 22, 2015 | ₹0.600 | 1.41% |
| 6 | May 12, 2014 | Jun 12, 2014 | Jul 11, 2014 | ₹0.600 | 0.90% |
| 7 | Jan 16, 2014 | Jan 27, 2014 | Feb 26, 2014 | ₹1.60 | 3.91% |
| 8 | May 02, 2013 | Jun 06, 2013 | Jul 08, 2013 | ₹2.68 | 5.15% |
| 9 | May 05, 2012 | Jun 14, 2012 | Jul 06, 2012 | ₹2.00 | 2.78% |
| 10 | Apr 30, 2011 | May 31, 2011 | Jun 29, 2011 | ₹2.00 | 1.98% |
Dividend Sustainability
The company's low Dividend Sustainability Score (DSS) highlights potential challenges in upholding its current dividend levels. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. In conclusion, a more vigilant stance is recommended given the company's tentative dividend landscape.
Sustainability score
Growth potential
PSB Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from PSB dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in PSB stock here.
Comparing PSB to Sector and Country
PSB.NS pays a solid dividend yield of 1.45%, which is higher than the average of the bottom 25% of dividend payers in the IN market (0.287%). PSB.NS’s dividend yield is lower than the average of the top 25% of dividend payers in the Financial Services sector in the IN market (4.97%), which means that there are more attractive dividend stocks to consider.
