Punjab National Bank provides various banking and financial products and services in India. The company operates through Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking Operations segments. It offers personal banking products and services, including saving fund accounts, current accounts, fixed deposit, and capital gain account and gold monetization schemes; housing, vehicle, education, personal, and mortgage loans; and cards. The company also provides various micro, small, and medium enterprises schemes; banking products for government customers; agricultural banking services; corporate banking products and services consisting of loans against future lease rentals, working capital financing, and term loans; EXIM finance and cash management services, as well as gold card schemes for exporters; and international banking products and services. In addition, it offers insurance services, such as life, fire, motor, marine, theft/burglary, fidelity guarantee, personal accident, health, travel, house hold goods, etc.; and depository, mutual fund, merchant banking, and application supported by blocked amount services. Further, the company provides mobile banking, SMS banking, missed call, e-statement, ATM, cash deposit machine, passbook updating machine, and electronic cheque deposit machine services, as well as debit cards. As of March 31, 2022, it operated a network of 10,098 branches in India; and 2 branches comprising 1 in Hong Kong and 1 in Dubai, as well as 2 representative offices in Bangladesh and Myanmar. The company was founded in 1895 and is headquartered in New Delhi, India.
Punjab National Bank Dividend Announcement
• Punjab National Bank announced a annually dividend of ₹1.50 per ordinary share which will be made payable on 2024-07-29. Ex dividend date: 2024-06-21
• Punjab National Bank annual dividend for 2024 was ₹1.50
• Punjab National Bank annual dividend for 2023 was ₹0.65
• Punjab National Bank's trailing twelve-month (TTM) dividend yield is 1.43%
Punjab National Bank Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-06-21 | ₹1.50 | annually | 2024-07-29 |
| 2023-06-23 | ₹0.65 | annually | 2023-07-14 |
| 2022-06-22 | ₹0.64 | annually | 2022-07-30 |
| 2015-06-22 | ₹3.30 | annually | 2015-07-30 |
| 2014-02-11 | ₹10.00 | annually | |
| 2013-06-13 | ₹27.00 | annually | 2013-07-15 |
| 2012-06-14 | ₹22.00 | annually | 2012-07-12 |
| 2011-06-16 | ₹22.00 | annually | 2011-07-14 |
| 2010-07-08 | ₹12.00 | annually | 2010-08-20 |
| 2010-02-04 | ₹10.00 | annually | 2010-02-25 |
| 2009-06-04 | ₹20.00 | annually | 2009-08-20 |
| 2008-05-29 | ₹13.00 | annually | 2008-09-02 |
| 2007-06-07 | ₹6.00 | annually | 2007-07-01 |
| 2007-02-14 | ₹4.00 | annually | 2007-03-02 |
Punjab National Bank Dividend per year
Punjab National Bank Dividend growth
Punjab National Bank Dividend Yield
Punjab National Bank current trailing twelve-month (TTM) dividend yield is 1.43%. Interested in purchasing Punjab National Bank stock? Use our calculator to estimate your expected dividend yield:
Punjab National Bank Financial Ratios
P/E ratio8.00
PEG ratio0.08
P/B ratio0.91
ROE12.52%
Payout ratio0.00%
Current ratio0.00
Quick ratio0.00
Cash Ratio0.00
Punjab National Bank Dividend FAQ
How much is the next Punjab National Bank dividend?
Punjab National 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 National Bank dividend. The next Punjab National Bank dividend will be released in June.
When is Punjab National Bank dividend paid?
Punjab National Bank pays dividends on a annually basis. The specific dates may vary each year but are generally around June. 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 National Bank pay?
The specific amount of Punjab National 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 National Bank's dividend history.
Does Punjab National Bank stock pay dividends?
Yes, Punjab National 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 National Bank's dividend history.
How much dividend does Punjab National Bank pay?
Punjab National Bank paid ₹1.5 in 2024, ₹0.65 in 2023, ₹0.64 in 2022, ₹0.0 in 2021, and ₹0.0 in 2020.
How often does Punjab National Bank pay dividends?
Punjab National 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 June.
What is Punjab National Bank's dividend yield?
The current dividend yield for Punjab National Bank is 1.43%. 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 National Bank's exact dividend yield.
When does Punjab National Bank go ex dividend?
Punjab National Bank's ex-dividend date for the latest dividend was on 2024-06-21. Punjab National 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 National Bank dividend paid?
Punjab National Bank pays dividends on a annually basis, typically around June, but the exact dates can vary each year.
Will Punjab National 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 National 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 National Bank dividend per share?
Punjab National Bank paid ₹1.5 per share in 2024 and ₹0.65 per share in 2023. The amount of dividend per share that Punjab National 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 National 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 National 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 National Bank a dividend stock?
Yes, Punjab National 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 National Bank a good dividend stock?
Whether Punjab National 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 National Bank has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Punjab National 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.
Other factors to consider when evaluating Punjab National 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 National Bank pay dividends monthly?
Punjab National Bank typically pays dividends on a annually basis.
Does Punjab National Bank pay dividends quarterly?
Punjab National Bank currently pays dividends on a annually basis.
Has Punjab National Bank ever paid a dividend?
Yes, Punjab National Bank has a history of paying dividends to its shareholders. Punjab National Bank is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Punjab National Bank dividend stocks?
To buy Punjab National 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 National 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.
Place an order: Use the brokerage's trading platform to place an order to buy Punjab National 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 National Bank pay dividends 2024?
Punjab National Bank pays dividends on a annually basis. 2024 dividend payments are in 2024-07-29. 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 National Bank increase its dividend in 2024?
Decisions regarding Punjab National 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 National Bank dividend overview you can look into the above table of dividend history.
How Punjab National Bank dividend works?
The Punjab National 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 National Bank's dividend process works:
1. Determination of Dividend: Punjab National 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 National 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 National 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 National 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.
1. Determination of Dividend: Punjab National 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 National 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 National 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 National 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 National Bank dividends paid?
Punjab National Bank dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Punjab National 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 National 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 National 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.
1. Record Date: Punjab National 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 National 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 National 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 National Bank pay dividends?
Punjab National 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 National Bank pay dividends?
The general pattern is that Punjab National Bank pays dividends around June. 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 National Bank dividend safe?
The safety of Punjab National 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 National 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 National 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.
To assess the safety of Punjab National 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 National 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.