PSX Dividend 20 Index will be introduced by Pakistan Stock Exchange

PSX Dividend 20 Index will be introduced by Pakistan Stock Exchange

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:

  1. Allied Bank Ltd.
  2. Attock Petroleum Ltd.
  3. Bank Alfalah Ltd.
  4. Bank Al-Habib Ltd.
  5. Engro Corporation Ltd.
  6. Engro Fertilizers Ltd.
  7. Engro Polymer & Chemicals Ltd.
  8. Engro Powergen Qadirpur Ltd.
  9. Fatima Fertilizer Co Ltd.
  10. Fauji Fertilizer Co. Ltd.
  11. Habib Bank Ltd.
  12. Habib Metropolitan Bank Ltd.
  13. Indus Motor Company Ltd.
  14. International Steels Ltd.
  15. Kot Addu Power Company Ltd.
  16. MCB Bank Ltd.
  17. Nishat (Chunia) Ltd.
  18. Pakistan Oilfields Ltd.
  19. Tariq Glass Industries Ltd
  20. United Bank Ltd.

To read our blog on “PSX drops 251 points to end the day at 42,243,” click here.

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