What is a Dividend?
The dividend is the amount of money the company pays to its shareholders from its profit (either quarterly or yearly). All companies listed on the Pakistan Stock Exchange are not obliged to announce dividends to their shareholders. Long-term investors choose to buy those securities that announce dividends regularly.
Currently, there are more than 600 companies listed on Pakistan Stock Exchange (PSX). To find companies that provide dividends to its shareholders can be quite tricky. However, still there are only some companies that can be categorized as the best dividend stocks. In this blog, we will share the list of the best dividend stocks that provide dividends to their shareholders on a timely basis. We will share some data from the PSX Data Portal.
Check out our blog on “Everything you need to know about PSX in 5 minutes”
Where to look for dividend-paying stocks
PSX has recently launched the PSXDIV20 index. It consists of the top 20 dividend-paying companies with a consistent dividend announcement history. The list of companies in the PSXDIV20 dividend Index is available on the Pakistan Stock Exchange Data Portal. The list of the companies in the PSXDIV20 index change from time to time depending upon the metrics set by the PSX.
The usefulness of the PSXDIV20 Index
An index is a barometer of market’s performance. PSXDIV20 index tell you the performance of the top 20 dividend-yeilding stocks. The PSXDIV20 index made it easy for investors to find out dividend-yielding stocks in Pakistan Stock Exchange (PSX). You can check the companies listed in this index on Pakistan Stock Exchange Data Portal’s website.
Top 20 Dividend stocks in Pakistan Stock Exchange (PSX).
Following are the 20 companies from the PSXDIV20 index that have announced dividends consistently.
| S. No. | Company Code | Company Name |
| 1 | APL | Attock Petroleum Ltd. |
| 2 | BAFL | Bank Alfalah Ltd. |
| 3 | BAHL | Bank Al-Habib Ltd. |
| 4 | DOL | Descon Oxychem Limited |
| 5 | EFERT | Engro Fertilizers Ltd. |
| 6 | EPCL | Engro Polymer & Chemicals Ltd. |
| 7 | EPQL | Engro Powergen Qadirpur Ltd. |
| 8 | FABL | Faysal Bank Limited |
| 9 | FFC | Fauji Fertilizer Co. Ltd. |
| 10 | HMB | Habib Metropolitan Bank Ltd. |
| 11 | HUBC | The Hub Power Company Limited |
| 12 | ISL | International Steels Ltd. |
| 13 | KAPCO | Kot Addu Power Company Ltd. |
| 14 | LOTCHEM | Lotte Chemical Pakistan Limited |
| 15 | LPL | Lalpir Power Limited |
| 16 | MCB | MCB Bank Ltd. |
| 17 | NCL | Nishat (Chunia) Ltd. |
| 18 | NPL | Nishat Power Limited |
| 19 | POL | Pakistan Oilfields Limited |
| 20 | UBL | United Bank Ltd. |
Source: PSX Data Portal
How to buy Dividend stocks in Pakistan Stock Exchange.
To buy dividend paying stocks from PSX you must have an account with a registered Trading Right Entitlement Certificate (TREC) holder. Currently, there are 270+ registered TREC holders, the complete list is available on Pakistan Stock Exchange’s Website.
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Where to look for dividend announcements?
For the dividend announcements, first search for a company in the search bar on Pakistan Stock Exchange Data portal. Look for the keyword “Financial Results” in announcement section and click on the view button.
Disclaimer:
The purpose of this blog is to educate investors about dividend-paying stocks in Pakistan Stock Exchange (PSX). The above list does not provide information for any forecast or future investments of any kind. All the companies listed in PSX have the right to their dividends. Any company listed in the PSX is not obliged to give dividends to its shareholders. RT Securities does not hold any responsibility for any decision taken by anyone based on the information on this page. The information in this blog is based on the data available on the PSX Data portal.
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