Command Palette

Search for a command to run...

Back to Blog
DataLive — updated 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: 11 April 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
1EPQL

EPQL

Engro Powergen Qadirpur Limited

46.39%
2LOTCHEM

LOTCHEM

Lotte Chemical Pakistan Limited

20.23%
3NBP

NBP

National Bank of Pakistan

18.40%
4UDPL

UDPL

United Distributors Pakistan Limited

18.05%
5SPWL

SPWL

Saif Power Limited

16.92%
6KAPCO

KAPCO

Kot Addu Power Company Limited

13.96%
7PGLC

PGLC

Pak-Gulf Leasing Company Limited

13.69%
8DOL

DOL

Descon Oxychem Limited

13.37%
9AGIC

AGIC

Askari General Insurance Company Limited

12.60%
10ATIL

ATIL

Atlas Insurance Limited

12.53%
11POL

POL

Pakistan Oilfields Limited

11.78%
12MRNS

MRNS

Mehran Sugar Mills Limited

11.37%
13PAKT

PAKT

Pakistan Tobacco Company Limited

11.26%
14SCBPL

SCBPL

Standard Chartered Bank (Pak) Ltd

10.30%
15AHL

AHL

Arif Habib Limited

10.27%
16INDU

INDU

Indus Motor Company Limited

10.14%
17EFUL

EFUL

EFU Life Assurance Limited

10.12%
18HMB

HMB

Habib Metropolitan Bank Limited

10.12%
19BIPL

BIPL

BankIslami Pakistan Limited

9.86%
20CENI

CENI

Century Insurance Company Limited

9.76%
21HUBC

HUBC

The Hub Power Company Limited

9.34%
22JGICL

JGICL

Jubilee General Insurance Limited

9.23%
23ABL

ABL

Allied Bank Limited

8.88%
24MCB

MCB

MCB Bank Limited

8.75%
25BAFL

BAFL

Bank Alfalah Limited

8.71%
26HABSM

HABSM

Habib Sugar Mills Limited

8.63%
27BWHL

BWHL

Baluchistan Wheels Limited

8.59%
28BAHL

BAHL

Bank AL Habib Limited

8.57%
29BWCL

BWCL

Bestway Cement Limited

8.22%
30UBL

UBL

United Bank Limited

8.19%
31BIFO

BIFO

Biafo Industries Limited

8.18%
32BOP

BOP

The Bank of Punjab

8.10%
33GHGL

GHGL

Ghani Glass Limited

8.00%
34EFUG

EFUG

EFU General Insurance Limited

7.99%
35ARPL

ARPL

Archroma Pakistan Limited

7.51%
36SNBL

SNBL

Soneri Bank Limited

7.51%
37NESTLE

NESTLE

Nestle Pakistan Limited

7.42%
38NATF

NATF

National Foods Limited

7.36%
39CSAP

CSAP

Crescent Steel & Allied Products Limited

7.28%
40PTL

PTL

Panther Tyres Ltd.

7.28%

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.