
The PSX Dividend 20 Index is a benchmark that tracks the performance of the top 20 dividend-paying stocks listed on the Pakistan Stock Exchange (PSX). It's a great way to invest in a diversified portfolio of high-yielding stocks.
The index is designed to provide a comprehensive overview of the dividend-paying stocks listed on the PSX, with a focus on their dividend history and yield. This makes it an attractive option for income-seeking investors.
The PSX Dividend 20 Index is calculated and maintained by the PSX, and it's widely regarded as a reliable benchmark for the Pakistani stock market.
PSX Dividend Index Launch
Pakistan Stock Exchange (PSX) has launched its first dividend-based index, the PSX Dividend 20 Index, to facilitate investors and market participants.
This index is designed to track the performance of the top 20 dividend-paying companies at PSX, ranked and weighted based on their trailing 12-month dividend yield.
The index includes companies such as Attock Petroleum, Bank Alfalah, and Engro Fertilizers, which have a history of distributing dividends to their shareholders.
The PSX Dividend 20 Index is the 14th equity index in Pakistan's stock market, providing a valuable tool for market participants to evaluate their investment portfolios.
The index is updated every six months, based on the last 12-month performance of the companies.
Here are the top 20 dividend-paying companies in Pakistan, as listed in the PSX Dividend 20 Index:
Pakistan Stock Exchange Overview
Pakistan Stock Exchange is a significant player in the country's financial sector, and it's been making efforts to improve the experience of investors and market participants. Pakistan Stock Exchange (PSX) has launched its first PSX Dividend 20 Index to facilitate investors, stakeholders, and market participants.
The PSX Dividend 20 Index is designed to track the performance of the top 20 companies listed on the PSX that pay dividends. The index is based on the dividend payment history of these companies over the past 12 months. This index is a valuable tool for investors to identify companies that are likely to provide high returns.
The PSX Dividend 20 Index is the 14th equity index launched by the PSX, making it easier for market participants to analyze investment opportunities. This index is expected to be particularly helpful for investors in current economic conditions, as it highlights companies that are likely to provide high dividends.
Pakistan Stock Exchange
The Pakistan Stock Exchange (PSX) has its first PSX Dividend 20 index, which tracks the performance of the top 20 companies paying dividends in Pakistan. This index is designed to rank and weight companies based on their dividend payment over the last 12 months.
To buy dividend-paying stocks from the PSX, you need to have an account with a registered Trading Right Entitlement Certificate (TREC) holder, of which there are over 270 currently. The complete list of TREC holders is available on the Pakistan Stock Exchange's website.
The PSX Dividend 20 index is the 14th equity index in Pakistan, providing a convenient way for market participants to evaluate investment portfolios. This index is expected to be particularly helpful for investors in current economic conditions.
The PSX has introduced the Dividend 20 index to enhance the experience of investors and market participants, with the aim of providing continuous innovation and new products.
All Share Index
The All Share Index is a crucial component of the Pakistan Stock Exchange, and it's calculated based on the Full Cap methodology. This means it includes all listed companies on PSX.
The All Share Index is a comprehensive representation of the stock market's performance, covering every listed company on the exchange.
PSX Dividend Index Details
The PSX Dividend Index Details reveal that the index is designed to track the performance of top 20 dividend-paying companies at PSX. These companies are ranked and weighted based on their trailing 12-month dividend yield.
The PSX Dividend 20 Index is the 14th equity index in Pakistan's stock market, making it a valuable tool for market participants to evaluate their investment portfolios. It can be used as a benchmark index for income-seeking equity investors.
The list of top 20 dividend stocks in the PSXDIV20 index includes companies such as Attock Petroleum Ltd., Bank Alfalah Ltd., and United Bank Ltd. Here's a table showing the top 20 companies:
Index Utility
The PSX Dividend Index is a barometer of market performance, specifically tracking the top 20 dividend-yielding stocks in Pakistan.
This index makes it easy for investors to find out which companies are paying dividends, and it's available on the Pakistan Stock Exchange Data Portal's website.
The PSX Dividend 20 Index is designed to track the performance of the top 20 dividend-yielding companies in Pakistan, ranked and weighted based on their dividend payments over the past 12 months.
This index is a valuable tool for investors, providing a convenient way to screen companies based on their dividend payments.
The PSX Dividend 20 Index is Pakistan's 14th equity index, offering a new way for market participants to evaluate investment portfolios.
By highlighting companies that pay higher dividends, this index is expected to be particularly helpful for investors in current economic conditions.
Top 20 Dividend Stocks in Pakistan
The PSX Dividend Index Details article section:
The PSX Dividend Index is a valuable tool for investors and market participants.
The index tracks the performance of the top 20 dividend-paying companies at the Pakistan Stock Exchange (PSX).
These companies are ranked and weighted based on their trailing 12-month dividend yield.
The list of companies in the PSXDIV20 index is available on the Pakistan Stock Exchange Data Portal.
The list changes every six months, looking at the last 12-month performance of the firms.
The index is designed to facilitate investors, stakeholders, and market participants.
The companies included in the current list of top 20 dividend-paying companies are Allied Bank, Attock Petroleum, Bank Al-Falah, Bank Al-Habib, Engro Corporation, Fauji Fertilizer Co., Indus Motor Company, and MCB Bank Ltd.
Other entities in the current list include Engro Fertilizers, Engro Polymer & Chemicals, Engro Powergen Qadirpur, Fatima Fertilizer Co., Habib Bank, Habib Metropolitan Bank, International Steels, Kot Addu Power Company, Nishat (Chunia), Pakistan Oilfields, Tariq Glass Industries, and United Bank Ltd.
Here is the list of top 20 dividend stocks in Pakistan:
Investing in Dividend Stocks
The PSX Dividend 20 Index is a great way to invest in dividend stocks in Pakistan. This index consists of the top 20 dividend-paying companies with a consistent dividend announcement history.
To invest in dividend stocks, you'll need to have an account with a registered Trading Right Entitlement Certificate (TREC) holder. Currently, there are over 270 registered TREC holders, which you can find on the Pakistan Stock Exchange's website.
The PSX Dividend 20 Index is designed to track the performance of these top 20 dividend-paying companies, making it easier for investors to identify the most profitable companies. By investing in these companies, you can potentially earn a steady stream of income through dividend payments.
The list of companies in the PSX Dividend 20 Index includes some well-known names such as Attock Petroleum Ltd., Bank Alfalah Ltd., and United Bank Ltd. Here are the top 20 companies in the index:
These companies are carefully selected based on their consistent dividend payment history, making them a great option for investors looking for a steady income stream.
Top Dividend Stocks in Pakistan
The PSX Dividend 20 Index has been launched by Pakistan Stock Exchange (PSX) to track the performance of top 20 dividend-paying companies in the country.
These companies have a consistent dividend announcement history, making them attractive to income-seeking equity investors. The PSX Dividend 20 Index is designed to provide a benchmark for such investors to gauge the performance of these companies.
The list of companies in the PSXDIV20 index is available on the Pakistan Stock Exchange Data Portal and can be accessed by anyone interested in investing in dividend-paying stocks. The list is subject to change from time to time based on the metrics set by the PSX.
Here are the top 20 dividend stocks in Pakistan, as per the PSXDIV20 index:
Frequently Asked Questions
Is PSX a good dividend stock?
PSX has a strong track record of 13 consecutive years of dividend increases and a competitive 4.09% forward dividend yield, making it a promising dividend stock option.
Sources
- https://www.thenews.com.pk/print/988962-psx-launches-first-dividend-based-index-to-facilitate-investors
- https://jang.com.pk/news/1132849
- https://www.psx.com.pk/psx/product-and-services/indices
- https://rtsecurities.com.pk/blog/best-dividend-stocks-in-psx-high-return-investment
- https://www.biztoday.news/2022/09/06/psx-dividend-20-index-launched/
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