PSX Dividend 20 Index explained

PSX Dividend 20 Index
Operator:Pakistan Stock Exchange Limited
Exchanges:Pakistan Stock Exchange
Constituents:20
Cap Level:Large
Weighting:Dividend yield
Related:KSE 100 Index
KSE 30 Index
KMI 30 Index

The PSX Dividend 20 Index is a stock index acting as a benchmark to compare prices on the Pakistan Stock Exchange (PSX) over a period. PSX Dividend 20 Index benchmark top 20 dividend paying companies at PSX based on the last 12-month dividend yield.[1] [2] [3] [4]

History

From October 2020, PSX Dividend 20 Index was in test run at PSX.[3] [5]

See also

External links

Notes and References

  1. Web site: 2022-09-06 . PSX to launch dividend index for investors . 2022-09-08 . Profit by Pakistan Today . en-US.
  2. Web site: 2022-09-07 . PSX launches 'Dividend 20 Index' . 2022-09-08 . Brecorder . en.
  3. Web site: PSX launches first dividend-based index to facilitate investors . 2022-09-08 . thenews.com.pk . en.
  4. Web site: Pakistan Stock Exchange Limited - PSX Product And Services Indices . 2022-09-08 . Pakistan Stock Exchange Limited.
  5. Web site: 2022-09-06 . PSX launches index for top dividend paying firms . 2022-09-08 . The Express Tribune . en.