Search

Search for a company

Back to Blog
DataUpdated daily

Best Dividend Stocks on PSX 2026

Pakistan Stock Exchange (PSX) stocks ranked by dividend yield. Data sourced from PSX filings and updated daily. Includes P/E ratio, price, market cap, and Shariah compliance status.

Last updated: 25 September 2026


What is dividend yield?

Dividend yield is the annual dividend per share divided by the current share price, expressed as a percentage. A 10% yield means a stock paying ₨10/year is priced at ₨100. Very high yields can signal a falling price — always verify payout consistency and EPS coverage.

#CompanyDiv. Yield
1LOTCHEM

LOTCHEM

Lotte Chemical Pakistan Limited

25.92%
2SPWL

SPWL

Saif Power Limited

22.26%
3CENI

CENI

Century Insurance Company Limited

22.21%
4NBP

NBP

National Bank of Pakistan

21.19%
5UDPL

UDPL

United Distributors Pakistan Limited

19.36%
6POL

POL

Pakistan Oilfields Limited

13.36%
7DOL

DOL

Descon Oxychem Limited

13.18%
8HMB

HMB

Habib Metropolitan Bank Limited

12.24%
9EPQL

EPQL

Engro Powergen Qadirpur Limited

11.50%
10KAPCO

KAPCO

Kot Addu Power Company Limited

11.35%
11AHL

AHL

Arif Habib Limited

11.31%
12ATIL

ATIL

Atlas Insurance Limited

11.26%
13BIPL

BIPL

BankIslami Pakistan Limited

11.12%
14INDU

INDU

Indus Motor Company Limited

10.97%
15MTL

MTL

Millat Tractors Limited

10.38%
16APL

APL

Attock Petroleum Limited

10.36%
17NCL

NCL

Nishat Chunian Limited

10.28%
18BAFL

BAFL

Bank Alfalah Limited

10.20%
19BOP

BOP

The Bank of Punjab

10.14%
20SCBPL

SCBPL

Standard Chartered Bank (Pak) Ltd

10.04%
21BAHL

BAHL

Bank AL Habib Limited

9.91%
22HUBC

HUBC

The Hub Power Company Limited

9.87%
23SRVI

SRVI

Service Industries Limited

9.84%
24ABL

ABL

Allied Bank Limited

9.41%
25EFUL

EFUL

EFU Life Assurance Limited

9.40%
26MCB

MCB

MCB Bank Limited

9.28%
27BWHL

BWHL

Baluchistan Wheels Limited

9.16%
28BWCL

BWCL

Bestway Cement Limited

8.96%
29NATF

NATF

National Foods Limited

8.69%
30MRNS

MRNS

Mehran Sugar Mills Limited

8.20%
31PTL

PTL

Panther Tyres Ltd.

8.07%
32EFUG

EFUG

EFU General Insurance Limited

7.91%
33HICL

HICL

Habib Insurance Company Limited

7.83%
34JGICL

JGICL

Jubilee General Insurance Company Ltd.

7.69%
35SNBL

SNBL

Soneri Bank Limited

7.63%
36HABSM

HABSM

Habib Sugar Mills Limited

7.59%
37FFC

FFC

Fauji Fertilizer Company Limited

7.57%
38HBL

HBL

Habib Bank Limited

7.56%
39UBL

UBL

United Bank Limited

7.51%
40NESTLE

NESTLE

Nestle Pakistan Limited

7.43%

Showing top 40 stocks by dividend yield. Prices and yields may be delayed. Not investment advice.

How to evaluate dividend stocks on PSX

A high yield is not enough on its own. A share price that has fallen sharply will inflate the yield ratio. Focus on stocks where:

  • EPS consistently covers the dividend payout over 3–5 years
  • Free cash flow is positive and growing
  • Debt-to-equity is reasonable (below 1× for most non-financial sectors)
  • The company has paid dividends in each of the last 5 fiscal years

Dividend taxation in Pakistan

As of 2026, withholding tax on dividends is 15% for filers and 30% for non-filers. Filing your annual income tax return halves your effective tax rate — a material difference on high-yield positions. Dividends from Shariah-compliant stocks are subject to the same withholding rates.

Screen by dividend yield on Ticker Analysts

Filter PSX stocks by dividend yield, P/E, P/B, sector, and Shariah compliance in one place.