company-logo

PNB Gilts Ltd. operates as a primary dealer in government securities in India. The company is involved in underwriting government securities issuances; and trading of fixed income instruments, such as government securities, treasury bills, state development loans, corporate bonds, and interest rate swaps, as well as various money market instruments, including certificates of deposits, commercial papers, etc.; and provision of custodian services to its constituents. It also provides gilts accounts and mutual funds, and bonds issued by public sector undertakings and other corporate bodies. In addition, the company trades in short term money market instruments comprising call/notice/term money, repo/reverse repo, inter corporate deposits, and commercial papers. It serves provident funds trusts, regional rural banks, co-operative banks, corporates, individuals, etc. The company was incorporated in 1996 and is based in New Delhi, India. PNB Gilts Ltd. is a subsidiary of Punjab National Bank.

PNB Gilts Dividend Announcement

PNB Gilts announced a annually dividend of ₹1.00 per ordinary share which will be made payable on 2024-10-20. Ex dividend date: 2024-09-13
PNB Gilts annual dividend for 2024 was ₹1.00
PNB Gilts's trailing twelve-month (TTM) dividend yield is 0.84%

PNB Gilts Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-13₹1.00annually2024-10-20
2022-08-25₹5.00annually2022-10-02
2021-09-02₹3.00annually2021-10-20
2021-02-11₹4.00annually2021-03-06
2020-11-18₹3.00annually2020-12-10
2020-09-03₹3.00annually2020-10-30
2019-08-14₹1.40annually2019-09-27
2018-09-06₹1.00annually2018-10-12
2017-09-07₹2.50annually2017-10-13
2016-09-08₹1.10annually
2015-09-10₹1.50annually2015-10-14
2014-08-21₹0.90annually2014-09-23
2013-05-23₹1.00annually2013-07-18
2012-07-19₹1.00annually2012-08-27

PNB Gilts Dividend per year

PNB Gilts Dividend growth

PNB Gilts Dividend Yield

PNB Gilts current trailing twelve-month (TTM) dividend yield is 0.84%. Interested in purchasing PNB Gilts stock? Use our calculator to estimate your expected dividend yield:

PNB Gilts Financial Ratios

P/E ratio9.76
PEG ratio-0.13
P/B ratio1.46
ROE16.31%
Payout ratio0.00%
Current ratio16.31
Quick ratio16.34
Cash Ratio2.95

PNB Gilts Dividend FAQ

How much is the next PNB Gilts dividend?
PNB Gilts's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next PNB Gilts dividend. The next PNB Gilts dividend will be released in .
When is PNB Gilts dividend paid?
PNB Gilts pays dividends on a annually basis. The specific dates may vary each year but are generally around . However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does PNB Gilts pay?
The specific amount of PNB Gilts dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find PNB Gilts's dividend history.
Does PNB Gilts stock pay dividends?
Yes, PNB Gilts does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find PNB Gilts's dividend history.
How much dividend does PNB Gilts pay?
PNB Gilts paid ₹1.0 in 2024, ₹0.0 in 2023, ₹5.0 in 2022, ₹7.0 in 2021, and ₹6.0 in 2020.
How often does PNB Gilts pay dividends?
PNB Gilts typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around .
What is PNB Gilts's dividend yield?
The current dividend yield for PNB Gilts is 0.84%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate PNB Gilts's exact dividend yield.
When does PNB Gilts go ex dividend?
PNB Gilts's ex-dividend date for the latest dividend was on 2024-09-13. PNB Gilts typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next PNB Gilts dividend paid?
PNB Gilts pays dividends on a annually basis, typically around , but the exact dates can vary each year.
Will PNB Gilts increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether PNB Gilts will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is PNB Gilts dividend per share?
PNB Gilts paid ₹1.0 per share in 2024 and ₹0.0 per share in 2023. The amount of dividend per share that PNB Gilts pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is PNB Gilts a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is PNB Gilts a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is PNB Gilts a dividend stock?
Yes, PNB Gilts is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is PNB Gilts a good dividend stock?
Whether PNB Gilts is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. PNB Gilts has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating PNB Gilts as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does PNB Gilts pay dividends monthly?
PNB Gilts typically pays dividends on a annually basis.
Does PNB Gilts pay dividends quarterly?
PNB Gilts currently pays dividends on a annually basis.
Has PNB Gilts ever paid a dividend?
Yes, PNB Gilts has a history of paying dividends to its shareholders. PNB Gilts is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy PNB Gilts dividend stocks?
To buy PNB Gilts you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy PNB Gilts stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does PNB Gilts pay dividends 2024?
PNB Gilts pays dividends on a annually basis. 2024 dividend payments are in 2024-10-20. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will PNB Gilts increase its dividend in 2024?
Decisions regarding PNB Gilts dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date PNB Gilts dividend overview you can look into the above table of dividend history.
How PNB Gilts dividend works?
The PNB Gilts dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how PNB Gilts's dividend process works:

1. Determination of Dividend: PNB Gilts's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.

2. Dividend Declaration: Once the board approves a dividend, PNB Gilts publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.

3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.

4. Payment Date: On the designated payment date, PNB Gilts distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.

5. Tax Implications: Dividends received from PNB Gilts are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are PNB Gilts dividends paid?
PNB Gilts dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: PNB Gilts sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.

2. Payment Date: On the designated payment date, PNB Gilts distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: PNB Gilts declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does PNB Gilts pay dividends?
PNB Gilts typically pays dividends on a annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does PNB Gilts pay dividends?
The general pattern is that PNB Gilts pays dividends around . However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is PNB Gilts dividend safe?
The safety of PNB Gilts's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of PNB Gilts's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.

It is recommended to review PNB Gilts's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.