Punjab National Bank Dividend yield




   INR/share 
 Price  56.45
 Dividend  0.64
 Earnings  3.51
 Cash-flow  23.52
 Book value  94.08
 Equity  85.61

Punjab National Bank is part of Banks business, which is part of Financials industry. Punjab National Bank is a company from India, and his stocks are publicly traded.

Punjab National Bank paid a total dividend of 7,047 million INR last year, for a market value of 621,571 millions (Market Cap 63,095 millions). Dividend per share of Punjab National Bank is 0.64 INR, and his stock market price 56.45 INR.

According to the chart below, where dividend yield is displayed, Punjab National Bank has a dividend yield of 1.13%, lower than the amount offered by both the market average and companies from India. It is also lower than average of Financials industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...

In addition, you should compare Punjab National Bank dividend yield with other Banks companies or firms from India.

Dividend yield of Punjab National Bank

Punjab National Bank Dividend Payout

About the ability of Punjab National Bank to maintain his current dividend of INR 0.64 per share, an amount that accounts for 1.13%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Punjab National Bank payout on ernings is currently 18.23%, which is lower than the market average and companies of Financials industry, which are 41.22% and 45.75% respectively. Both figures lead us to believe that there is confidence that Punjab National Bankcan maintain his current dividend.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Punjab National Bank is INR 23.52 per share, which is higher than the dividend per share paid by the company of INR 0.64, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Punjab National Bank, compared againt world market average, India companies, Financials industry and Banks sector companies.

Punjab National Bank payout

Punjab National Bank Dividend History

Year Yield  INR  Paypout  Shares* 
Present1.13%0.6418.23%11,011
20210.00%0.000.00%11,011
20200.00%0.000.00%9,411
20190.00%0.000.00%4,604
20180.00%0.000.00%3,074
20170.00%0.000.00%2,128
20162.39%3.30-17.68%1,964
20152.28%3.3018.01%1,855

*In millions

Punjab National Bank Stock performance

Finally, last moth Punjab National Bank showed a return of 10.00% compared to a worldwide -2.30% average, and a -1.59% of Financials firms. Over the last year, the company obtained a 51.30% versus a worldwide performance of a -5.85%. More detailed information can be seen in the following graph for India and Banks firms.

Punjab National Bank stock and market return