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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: 15 July 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

46.26%
2SPWL

SPWL

Saif Power Limited

18.40%
3NBP

NBP

National Bank of Pakistan

17.87%
4UDPL

UDPL

United Distributors Pakistan Limited

17.08%
5LOTCHEM

LOTCHEM

Lotte Chemical Pakistan Limited

16.48%
6KAPCO

KAPCO

Kot Addu Power Company Limited

14.50%
7DOL

DOL

Descon Oxychem Limited

12.93%
8PGLC

PGLC

Pak-Gulf Leasing Company Limited

11.90%
9POL

POL

Pakistan Oilfields Limited

11.47%
10AGIC

AGIC

Askari General Insurance Company Limited

11.38%
11CENI

CENI

Century Insurance Company Limited

11.35%
12MRNS

MRNS

Mehran Sugar Mills Limited

11.28%
13ATIL

ATIL

Atlas Insurance Limited

11.25%
14SCBPL

SCBPL

Standard Chartered Bank (Pak) Ltd

10.39%
15BIPL

BIPL

BankIslami Pakistan Limited

10.35%
16HMB

HMB

Habib Metropolitan Bank Limited

10.34%
17INDU

INDU

Indus Motor Company Limited

10.16%
18BAFL

BAFL

Bank Alfalah Limited

9.75%
19EFUL

EFUL

EFU Life Assurance Limited

9.68%
20HUBC

HUBC

The Hub Power Company Limited

9.24%
21MCB

MCB

MCB Bank Limited

9.07%
22ABL

ABL

Allied Bank Limited

8.92%
23PAKT

PAKT

Pakistan Tobacco Company Limited

8.76%
24BAHL

BAHL

Bank AL Habib Limited

8.64%
25AHL

AHL

Arif Habib Limited

8.50%
26EFUG

EFUG

EFU General Insurance Limited

8.20%
27BWCL

BWCL

Bestway Cement Limited

8.17%
28ARPL

ARPL

Archroma Pakistan Limited

8.05%
29EFERT

EFERT

Engro Fertilizers Limited

7.94%
30NATF

NATF

National Foods Limited

7.90%
31GHGL

GHGL

Ghani Glass Limited

7.71%
32BWHL

BWHL

Baluchistan Wheels Limited

7.66%
33PTL

PTL

Panther Tyres Ltd.

7.65%
34JGICL

JGICL

Jubilee General Insurance Company Ltd.

7.62%
35HABSM

HABSM

Habib Sugar Mills Limited

7.57%
36BOP

BOP

The Bank of Punjab

7.56%
37NESTLE

NESTLE

Nestle Pakistan Limited

7.36%
38BIFO

BIFO

Biafo Industries Limited

7.32%
39HBL

HBL

Habib Bank Limited

7.21%
40UBL

UBL

United Bank Limited

7.05%

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.