Pakistan Stock Exchange (PSX) has decided to launch PSX Dividend 20 Index, comprising the top 20 dividend-paying companies.
According to a statement released by the PSX, the Index, based at 10,000 points, has been internally operational since 29th October 2020. PSX would hold a press briefing to announce the launch of the Index on Tuesday (tomorrow).
The Index comprises of top 20 dividend-paying companies that have a dividend distribution history, and are ranked and weighted based on trailing 12-month dividend yield, as per the index methodology
As of 2nd September 2022, PSX Dividend 20 Index comprises:
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