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Punjab & Sind Bank provides various banking and financial products and services in India. It operates through four segments: Treasury Operations, Corporate/Wholesale Banking, Retail Banking, and Other Banking Operations. The company offers deposit products, including saving accounts, current accounts, recurring deposit accounts, and fixed deposits; and loans, such as home, auto, skill education, commercial vehicle, personal, doctor, mortgage, business, gold, and other loans, as well as sukhmoney scheme for senior citizens, and SB OD schemes. It also provides non fund based products, including letter of credit, LC advising/confirming, bank guarantee, co-acceptance facility, solvency certificate, and credit report products and services, as well as debt restructuring services. In addition, the company offers locker facility, government schemes, and life and general insurance; digital banking services comprising internet and mobile banking, SMS banking, Aadhaar seeding, point of sale, unified payment interface, real time gross settlement, NEFT, ATM/debit cards, and online payment; international banking services, including NRI schemes, export/import services, forex treasury, and resident facility, as well as products for micro and small enterprises. It operates through 24 zonal offices comprising 1530 branches. Punjab & Sind Bank was incorporated in 1908 and is headquartered in New Delhi, India.

Punjab & Sind Bank Dividend Announcement

Punjab & Sind Bank announced a annually dividend of ₹0.20 per ordinary share which will be made payable on 2024-08-23. Ex dividend date: 2024-07-16
Punjab & Sind Bank annual dividend for 2024 was ₹0.20
Punjab & Sind Bank annual dividend for 2023 was ₹0.48
Punjab & Sind Bank's trailing twelve-month (TTM) dividend yield is 0.39%

Punjab & Sind Bank Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-07-16₹0.20annually2024-08-23
2023-07-04₹0.48annually2023-08-10
2022-07-04₹0.31annually2022-08-11
2016-06-20₹1.65annually2016-07-28
2015-06-19₹0.60annually2015-06-22
2014-06-12₹0.60annually2014-07-11
2014-01-27₹1.60annually2014-02-26
2013-06-06₹2.68annually2013-07-08
2012-06-14₹2.00annually2012-07-06
2011-05-31₹2.00annually2011-06-29

Punjab & Sind Bank Dividend per year

Punjab & Sind Bank Dividend growth

Punjab & Sind Bank Dividend Yield

Punjab & Sind Bank current trailing twelve-month (TTM) dividend yield is 0.39%. Interested in purchasing Punjab & Sind Bank stock? Use our calculator to estimate your expected dividend yield:

Punjab & Sind Bank Financial Ratios

P/E ratio55.33
PEG ratio1.60
P/B ratio3.03
ROE4.36%
Payout ratio0.00%
Current ratio0.00
Quick ratio0.00
Cash Ratio0.00

Punjab & Sind Bank Dividend FAQ

How much is the next Punjab & Sind Bank dividend?
Punjab & Sind Bank's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Punjab & Sind Bank dividend. The next Punjab & Sind Bank dividend will be released in July.
When is Punjab & Sind Bank dividend paid?
Punjab & Sind Bank pays dividends on a annually basis. The specific dates may vary each year but are generally around July. 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 Punjab & Sind Bank pay?
The specific amount of Punjab & Sind Bank 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 Punjab & Sind Bank's dividend history.
Does Punjab & Sind Bank stock pay dividends?
Yes, Punjab & Sind Bank 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 Punjab & Sind Bank's dividend history.
How much dividend does Punjab & Sind Bank pay?
Punjab & Sind Bank paid ₹0.2 in 2024, ₹0.48 in 2023, ₹0.31 in 2022, ₹0.0 in 2021, and ₹0.0 in 2020.
How often does Punjab & Sind Bank pay dividends?
Punjab & Sind Bank 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 July.
What is Punjab & Sind Bank's dividend yield?
The current dividend yield for Punjab & Sind Bank is 0.39%. 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 Punjab & Sind Bank's exact dividend yield.
When does Punjab & Sind Bank go ex dividend?
Punjab & Sind Bank's ex-dividend date for the latest dividend was on 2024-07-16. Punjab & Sind Bank 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 Punjab & Sind Bank dividend paid?
Punjab & Sind Bank pays dividends on a annually basis, typically around July, but the exact dates can vary each year.
Will Punjab & Sind Bank 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 Punjab & Sind Bank 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 Punjab & Sind Bank dividend per share?
Punjab & Sind Bank paid ₹0.2 per share in 2024 and ₹0.48 per share in 2023. The amount of dividend per share that Punjab & Sind Bank 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 Punjab & Sind Bank 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 Punjab & Sind Bank 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 Punjab & Sind Bank a dividend stock?
Yes, Punjab & Sind Bank is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Punjab & Sind Bank a good dividend stock?
Whether Punjab & Sind Bank is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Punjab & Sind Bank has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Punjab & Sind Bank 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 Punjab & Sind Bank pay dividends monthly?
Punjab & Sind Bank typically pays dividends on a annually basis.
Does Punjab & Sind Bank pay dividends quarterly?
Punjab & Sind Bank currently pays dividends on a annually basis.
Has Punjab & Sind Bank ever paid a dividend?
Yes, Punjab & Sind Bank has a history of paying dividends to its shareholders. Punjab & Sind Bank is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Punjab & Sind Bank dividend stocks?
To buy Punjab & Sind Bank 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 Punjab & Sind Bank 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 Punjab & Sind Bank pay dividends 2024?
Punjab & Sind Bank pays dividends on a annually basis. 2024 dividend payments are in 2024-08-23. 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 Punjab & Sind Bank increase its dividend in 2024?
Decisions regarding Punjab & Sind Bank 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 Punjab & Sind Bank dividend overview you can look into the above table of dividend history.
How Punjab & Sind Bank dividend works?
The Punjab & Sind Bank 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 Punjab & Sind Bank's dividend process works:

1. Determination of Dividend: Punjab & Sind Bank'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, Punjab & Sind Bank 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, Punjab & Sind Bank 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 Punjab & Sind Bank 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 Punjab & Sind Bank dividends paid?
Punjab & Sind Bank dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Punjab & Sind Bank 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, Punjab & Sind Bank distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Punjab & Sind Bank 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 Punjab & Sind Bank pay dividends?
Punjab & Sind Bank 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 Punjab & Sind Bank pay dividends?
The general pattern is that Punjab & Sind Bank pays dividends around July. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Punjab & Sind Bank dividend safe?
The safety of Punjab & Sind Bank'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 Punjab & Sind Bank'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 Punjab & Sind Bank'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.