The introduction of the PSX Dividend 20 Index will be announced today by the Pakistan Stock Exchange (PSX). The stock market building will host a press briefing where this will be done.
The Index, with a base of 10,000 points, has been internally active since October 29, 2020, according to a statement issued by the PSX. Today’s introduction of the Index would be announced during a press conference hosted by PSX.
The top 20 dividend-paying firms will be included in the PSX Dividend 20 Index, which will be introduced by Pakistan Stock Exchange (PSX).
The top 20 dividend-paying firms with a track record of dividend distribution make up the PSX Dividend 20 Index, which is weighted and ranked according to trailing 12-month dividend yield.
The PSX Dividend 20 Index is comprised of the following:
- Allied Bank Ltd.
- Attock Petroleum Ltd.
- Bank Alfalah Ltd.
- Bank Al-Habib Ltd.
- Engro Corporation Ltd.
- Engro Fertilizers Ltd.
- Engro Polymer & Chemicals Ltd.
- Engro Powergen Qadirpur Ltd.
- Fatima Fertilizer Co Ltd.
- Fauji Fertilizer Co. Ltd.
- Habib Bank Ltd.
- Habib Metropolitan Bank Ltd.
- Indus Motor Company Ltd.
- International Steels Ltd.
- Kot Addu Power Company Ltd.
- MCB Bank Ltd.
- Nishat (Chunia) Ltd.
- Pakistan Oilfields Ltd.
- Tariq Glass Industries Ltd
- United Bank Ltd.
To read our blog on “PSX drops 251 points to end the day at 42,243,” click here.
