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PSX Dividend 20 Index

From Wikipedia, the free encyclopedia
PSX Dividend 20 Index
Foundation2022; 2 years ago (2022)
OperatorPakistan Stock Exchange Limited
ExchangesPakistan Stock Exchange
Constituents20
TypeLarge
Weighting methodDividend yield
Related indicesKSE 100 Index
KSE 30 Index
KMI 30 Index
Websitewww.psx.com.pk

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

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

See also

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References

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