PNB dividend 2024: Ex-date today and record date tomorrow

pnb dividend 2024: ex-date today and record date tomorrow

Punjab National Bank Dividend 2024: The state-run Punjab National Bank has announced a 75 per cent dividend payment on each stock for the financial year 2023-24. A dividend is a company's reward to its investors for their investment in the business. It is paid in cash from earnings.

Punjab National Bank Share Price

Shares of Punjab National Bank closed in the green on Thursday at Rs 128.50 apiece, down 0.16 per cent. The scrip registered a high of Rs 129.85 and a low of Rs 127.80. More than 224.69 lakh equity shares changed hands at the same time.

Punjab National Bank Dividend 2024 Amount

A dividend is always calculated and paid on the face value of each stock. Accordingly, a 75 per cent dividend translates into Rs 1.50 per equity share on the face value of Rs 2.

Punjab National Bank Dividend 2024 Ex-Date

The state-run bank has set June 21 as the ex-date for the dividend.

Punjab National Bank Dividend 2024 Record Date

Punjab National Bank has fixed June 22 as the record date for determining the eligibility of shareholders' participation in the next dividend or corporate action.

"The Record Date for payment of Dividend will be Saturday, 22nd June, 2024," the bank said in a regulatory filing.

Punjab National Bank Dividend 2024 Payment Date

The PSU bank has not yet announced the payment date for the dividend.

Punjab National Bank Dividend Yield

At the current market price, the dividend yield of Punjab National Bank is 1.17 per cent.

Punjab National Bank Dividend History

Last year, Punjab National Bank paid a dividend of Re 0.65 in June. Similarly, in 2014, 2015 and 2022, the state-run bank announced dividends of Rs 10, Rs 3.3, and Re 0.64, respectively.

Punjab National Bank Share Price History

Punjab National Bank is a component of the BSE 200. According to BSE analytics (as of June 21), shares of Punjab National Bank rose by 1.54 per cent and 3.71 per cent in the last 1 week and 2 weeks, respectively. In the last 1 month and 3 months, the shares of the state-run bank gained by 1.90 per cent and 10.16 per cent, respectively. On a YTD basis, shares of the PSU bank up by 31.38 per cent. However, in the past 1 year, 2 years, and 3 years, shares of the PSB climbed by 147.64 per cent, 351.67 per cent, and 218.86 per cent, respectively.