E EQUIVEST
  1. Home
  2. Markets
  3. PSX Dividend 20

PSX INDEX · PSXDIV20

PSX Dividend 20

Twenty PSX companies selected for their dividend record — the income investor’s reference.

PSXDIV20 · 23 Sep 2026

78,579.89

+254.85 (+0.33%) today

Day range 78,518 – 78,923

1-year change
+19.56%
Day high
78,923.05
Day low
78,517.99

Equivest keeps a daily history for the KSE-100, KSE-30, KMI-30 and All-Share; this index shows the latest level and one-year change from PSX.

What the PSX Dividend 20 is

The PSX Dividend 20 selects companies on the strength and consistency of their payouts rather than on size alone. For a market where a large share of retail investors buy specifically for income — banks, fertiliser, oil and power names that have paid for decades — it is a more useful reference than the broad benchmark.

Read it alongside the ex-date calendar rather than on its own: an index of dividend payers moves down on ex-dates by roughly the amount being paid out, which is a mechanical adjustment, not a loss.

The Pakistan Stock Exchange calculates and publishes it; the exchange’s index methodology documents are the authority on eligibility, weighting and recomposition, and they change from time to time.

As of 23 Sep 2026 the PSX Dividend 20 holds 20 companies worth Rs 5T between them, and 89% of that value sits in commercial banks, fertilizer and power generation & distribution. The largest members by market value are UBL, FFC, MCB, HBL and NBP. On the last session 15 rose and 5 fell. The median constituent trades at 6.9× trailing earnings and yields 7.40%, and is −7.1% so far this year. 7 of them are flagged Shariah-compliant in PSX data.

Selection and weighting rules are the exchange’s; yields shown here are trailing twelve-month figures from our own data.

PSX Dividend 20 constituents

All 20 companies the exchange lists in this index, largest first, with the valuation and returns from our own PSX data. Tap a column to sort.

PSX Dividend 20 constituents
Symbol Company Sector Price Chg % Mkt cap

Market cap

What the whole company costs at today's price.

How it's worked out

Share price multiplied by every share in issue.

How to read it

It is the company's size, not its value. A big number is not expensive and a small one is not cheap — that is what the multiples below are for.

P/E

P/E ratio

Rupees you pay for each rupee the company earned last year.

How it's worked out

Share price divided by earnings per share over the last twelve reported months.

How to read it

Lower looks cheaper, but only against something — the same company's history, its sector, or the market. A P/E on its own means very little, and it is blank when a company lost money.

Yield

Dividend yield

Cash paid out over the last year as a percentage of today's price.

How it's worked out

Dividends per share over twelve months divided by the share price.

How to read it

A very high yield is often a warning, not a gift: it usually means the price fell. Check the payout ratio next to see whether earnings actually cover it.

YTD

Year-to-date return

How the share price has moved since 1 January, before dividends.

How it's worked out

Today's price against the last close of the previous year, as a percentage.

How to read it

It is a PRICE return, so a company that paid a large dividend looks worse here than a holder actually did. The calendar start is arbitrary — a stock that fell in December and recovered in January looks strong for reasons that have nothing to do with the business.

1Y

One-year return

How the share price has moved over the last twelve months, before dividends.

How it's worked out

Today's price against the close twelve months ago, adjusted for bonus issues and splits, as a percentage.

How to read it

Price only. For what a holder actually made, including dividends, see total return — on a high-yield PSX name the two differ by most of the yield.

Trend
UBL United Bank Limited Commercial Banks 432.68 +0.84% Rs 1.1T 7.3× 7.40% +1.91% +20.26% Sideways
FFC Fauji Fertilizer Company Limited Fertilizer 544.15 +1.11% Rs 783B 10.1× 7.53% −7.88% +21.61% Leaning Down
MCB MCB Bank Limited Commercial Banks 390.60 −1.45% Rs 463B 8.7× 6.91% +2.96% +12.15% Sideways
HBL Habib Bank Limited Commercial Banks 303.30 +0.05% Rs 445B 6.9× 7.58% −6.22% +21.69% Sideways
NBP National Bank of Pakistan Commercial Banks 170.57 −0.30% Rs 363B 4.8× 20.52% −29.57% −9.38% Trending Down
HUBC The Hub Power Company Limited Power Generation & Distribution 205.56 +0.51% Rs 267B 10.9× 12.16% −7.15% −2.08% Leaning Down
EFERT Engro Fertilizers Limited Fertilizer 192.87 +0.97% Rs 258B 12.5× 6.35% −14.79% −10.28% Leaning Up
POL Pakistan Oilfields Limited Oil & Gas Exploration Companies 748.84 +0.29% Rs 213B 6.7× 10.35% +23.06% +8.60% Leaning Up
BAFL Bank Alfalah Limited Commercial Banks 56.69 −0.51% Rs 179B 10.14% +3.96% +13.09% Leaning Down
BAHL Bank AL Habib Limited Commercial Banks 152.82 +0.51% Rs 170B 6.6× 9.82% −18.12% −19.76% Trending Down
FABL Faysal Bank Limited Commercial Banks 94.69 +0.86% Rs 144B 6.6× 6.86% +2.07% +24.51% Sideways
MTL Millat Tractors Limited Automobile Assembler 299.58 +0.53% Rs 120B 15.3× 5.84% +14.08% +5.97% Leaning Up
HMB Habib Metropolitan Bank Limited Commercial Banks 98.98 +0.70% Rs 104B 5.1× 9.60% −11.06% −9.56% Trending Down
BOP The Bank of Punjab Commercial Banks 30.82 +0.16% Rs 101B 5.4× 10.06% −20.07% +22.20% Trending Down
NATF National Foods Limited Food & Personal Care Products 348.98 −0.15% Rs 81.4B 14.4× 2.01% −11.92% −3.90% Leaning Down
APL Attock Petroleum Limited Oil & Gas Marketing Companies 583.86 +1.16% Rs 72.6B 4.3× 5.65% +7.02% +13.31% Sideways
AHCL Arif Habib Corporation Limited Fertilizer 15.74 −0.32% Rs 66.4B 2.9× 6.35% −2.11% +6.21% Leaning Up
ISL International Steels Limited Engineering 83.95 +1.88% Rs 36.5B 9.9× 2.38% −20.32% −30.92% Trending Down
KAPCO Kot Addu Power Company Limited Power Generation & Distribution 26.66 +0.30% Rs 23.5B 9.3× 5.63% −28.94% −23.74% Leaning Down
CSAP Crescent Steel & Allied Products Limited Engineering 94.12 +0.29% Rs 7.3B 5.7× 4.78% −7.08% −13.58% Trending Down

Membership is the exchange's; prices, valuation and returns are Equivest's PSX data as of 23 Sep 2026. Trend is a description of the price series, not advice — how it is computed.

Quick answers

What is the PSX Dividend 20 index level today?

The PSX Dividend 20 closed at 78,579.89 on 23 Sep 2026, +254.85 points (+0.33%) on the session.

How has the PSX Dividend 20 performed over one year?

PSX data puts the PSX Dividend 20's one-year change at +19.56% as of 23 Sep 2026.

Which companies are in the PSX Dividend 20?

20 companies as of 23 Sep 2026, the largest being UBL, FFC, MCB, HBL, NBP. 89% of the index value sits in commercial banks, fertilizer, power generation & distribution. The full list, with each company price, valuation and returns, is on this page.

See also: KSE-100 · every PSX index.

Data from PSX via Equivest, delayed and provided for information only — not investment advice. Figures may contain errors; verify with your broker before acting. As of .

Track your PSX portfolio in Equivest

Trade logging, price alerts and smart-money flows for PSX investors. Join the waitlist and we email once, when it is ready.

GET EARLY ACCESS — FREE →