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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: 24 August 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

23.80%
2SPWL

SPWL

Saif Power Limited

19.38%
3UDPL

UDPL

United Distributors Pakistan Limited

17.29%
4NBP

NBP

National Bank of Pakistan

17.28%
5KAPCO

KAPCO

Kot Addu Power Company Limited

14.32%
6DOL

DOL

Descon Oxychem Limited

13.34%
7HUBC

HUBC

The Hub Power Company Limited

12.08%
8MTL

MTL

Millat Tractors Limited

11.70%
9AGIC

AGIC

Askari General Insurance Company Limited

11.27%
10EPQL

EPQL

Engro Powergen Qadirpur Limited

11.20%
11HMB

HMB

Habib Metropolitan Bank Limited

11.09%
12ATIL

ATIL

Atlas Insurance Limited

10.90%
13POL

POL

Pakistan Oilfields Limited

10.80%
14BAFL

BAFL

Bank Alfalah Limited

10.21%
15INDU

INDU

Indus Motor Company Limited

10.12%
16BOK

BOK

The Bank of Khyber

10.03%
17BIPL

BIPL

BankIslami Pakistan Limited

9.91%
18SCBPL

SCBPL

Standard Chartered Bank (Pak) Ltd

9.80%
19APL

APL

Attock Petroleum Limited

9.45%
20CENI

CENI

Century Insurance Company Limited

9.12%
21ABL

ABL

Allied Bank Limited

9.10%
22EFUL

EFUL

EFU Life Assurance Limited

8.90%
23MCB

MCB

MCB Bank Limited

8.88%
24BAHL

BAHL

Bank AL Habib Limited

8.81%
25MRNS

MRNS

Mehran Sugar Mills Limited

8.01%
26NATF

NATF

National Foods Limited

8.00%
27BWCL

BWCL

Bestway Cement Limited

7.96%
28EFUG

EFUG

EFU General Insurance Limited

7.92%
29PTL

PTL

Panther Tyres Ltd.

7.68%
30BOP

BOP

The Bank of Punjab

7.62%
31FFC

FFC

Fauji Fertilizer Company Limited

7.53%
32JGICL

JGICL

Jubilee General Insurance Company Ltd.

7.51%
33BWHL

BWHL

Baluchistan Wheels Limited

7.48%
34AHL

AHL

Arif Habib Limited

7.47%
35GHGL

GHGL

Ghani Glass Limited

7.33%
36HABSM

HABSM

Habib Sugar Mills Limited

7.32%
37NESTLE

NESTLE

Nestle Pakistan Limited

7.27%
38HBL

HBL

Habib Bank Limited

7.26%
39UBL

UBL

United Bank Limited

7.17%
40SNBL

SNBL

Soneri Bank Limited

7.15%

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.