A diary of what a dividend is and what was read.

What this diary is

A dividend diary records, company by company, what was declared, when the register closed and when the money was paid. This one covers ten PSX companies (PAKT, NBP, FATIMA, EFERT, HUBC, POL, ABL, BAHL, COLG, ATLH) and is honest about what it could read: PSX's announcement titles with dates, read on 6 November 2026, from which 14 dividend-related notices across 8 companies are listed. The amounts are in the documents behind the titles and are not printed.

Everything else on the page is arithmetic and explanation: how a dividend works, how to turn an amount into a percentage of the price, and where the real notices are.

Ten companies by place in the 52-week range

The board in a paragraph

On the session of 6 November 2026 4 of the ten closed higher and 6 lower; the changes run from −2.08% (NBP) to +0.84% (BAHL). 2 closes are in the lowest quarter of their 52-week range and 0 in the highest. The lowest place is NBP (20.5 of 100) and the highest COLG (62.4).

The close is the last price of a finished session; the price you meet on a broker's screen will differ.

Dividend-related announcements on the PSX pages

Date, code and the title as PSX prints it (a title longer than 88 characters is cut at a word), newest first. Amounts are not in the titles.

Reading the list

The newest entry is HUBC's, dated 2 November 2026: “Credit of Final Cash Dividend - The Hub Power Company Limited”. The titles fall into three kinds: declarations and book-closure notices (a dividend announced and the register closing), credits (the dividend paid), and the annual meeting items around the final dividend. 9 of the 14 titles are credits.

A credit notice means the company says it has paid. A declaration or closure notice means a payment is coming. The titles do not say how much.

XD on the ten

5 of the ten (PAKT, EFERT, HUBC, ABL, BAHL) carry the XD marker on 6 November 2026: their shares trade without the right to a declared dividend. The table above lists the notices PSX shows for the companies, and can be compared with the marker.

PSX adjusts its previous close for such a company, so its change can differ from a source that uses the raw previous close: PAKT, HUBC, ABL show that on this reading.

Earnings and P/E beside the dividend

A dividend is paid out of profit, so PSX's earnings per share is the nearest figure on the page. 7 of the ten companies show an annual earnings-per-share row (banks use a different layout and show none). The trailing P/E ratio, PSX's, runs from 5.43 (POL) to 15.33 (COLG).

Neither figure says what the dividend will be. They describe what was earned and what the price is relative to it.

Per share, or per cent of face value

PSX prints a face value for each company; among these ten it is Rs 10.00. A dividend in Pakistan is announced as a rupee amount per share, as a percentage of face value, or as both: with a face value of Rs 10, a dividend of 50% is Rs 5 per share. The percentage of face value is not a yield: the yield is the rupee amount divided by the price, and the price is not the face value.

For FATIMA the face value is Rs 10.00 and the close Rs 144.57; for ATLH Rs 10.00 and Rs 1,685.68. Reading an announcement correctly means checking which of the two it quotes.

What a dividend of 1, 5 and 10 rupees per share would be as a percent of the close

A formula applied to the 6 November 2026 close, not a dividend any company declared: the amount divided by the close, times 100. Replace the amount with the figure from a real announcement.

How to use the multiplier table

Find the company, take the percentage in the column nearest your amount and scale it. At the 6 November 2026 close, 1 rupee per share is 0.69% of FATIMA and 0.06% of ATLH: the lower the price, the more a rupee of dividend weighs.

The result is a share of the close, before tax and costs, for one dividend. A yearly figure needs every dividend of the year added.

From a dividend to a sum of money

With a budget of Rs 50,000, FATIMA buys 345 shares (Rs 49,876.65) and ATLH 29 (Rs 48,884.72) at the 6 November 2026 close. A dividend of 1 rupee per share pays 345 rupees on the first and 29 on the second, before tax.

The same sum for each company is on its page; the point here is that the payment scales with the number of shares, and the number of shares with the price.

Reading a dividend notice, line by line

A notice has a short list of facts. Who declares: the company and the class of shares. What: interim, final or special, and for which period. How much: an amount per share, sometimes also as a percentage of face value. When: the record date or the book-closure period, the ex-date where the exchange states it, and the payment date. How: the way the money reaches the holder.

If any of the six is missing from what you are reading, you are reading a summary, and the original notice is the next thing to open.

Interim, final and special

An interim dividend is declared during the financial year, for instance after a quarter or a half-year; a final dividend closes the year and is tied to the annual meeting; a special dividend is a one-off. The names are the company's, and two dividends of the same name in different years are not comparable on amount alone.

A yearly figure is the sum of every dividend whose ex-date falls in the year. The diary does not add them, because it holds no amounts. On the PSX pages the titles show both kinds: credits of interim dividends in the middle of the year and final ones after the meetings.

Five readings to avoid

Treating one dividend as a yearly yield. Comparing an amount per share with a total. Mixing a percentage of face value with a percentage of price. Counting the payment date as the date that decides who is paid. Reading a price fall on the ex-date as a fall caused by selling alone.

Each is a misreading of a figure that is correct on its own, and each is avoided by writing the six facts of the notice down in the same order every time.

Why a price board sits in a dividend diary

A dividend is paid per share and a share costs a price, so the two are always read together. The board gives the price, the change and the place of the close in the year's range for the ten companies; the dividend, when it is read from a notice, goes beside it.

On the 6 November 2026 reading the lowest place is NBP and the highest COLG. A low place in the range with the same dividend is a higher yield, and a high place a lower one; the place itself is not a reason to buy or to wait.

Dates, in order

Declaration, then record date (or the start of a book closure), then the ex-date, then payment. In that order the market learns the amount, then the register is fixed, then the price is adjusted, then the money moves.

A reader following one dividend writes the four dates down once and checks them against the company's notice; the worksheet page has the table.

Two dates on every table

Each table names the session date (6 November 2026) and the read date (6 November 2026). The data was read once and stays; if it is read again the pages are rebuilt and the dates and figures change together.

That is why a dividend notice newer than the read date will not be here.

Where the figures come from

PSX company pages (dps.psx.com.pk), read 6 November 2026: close, previous close (LDCP), 52-week range, P/E, earnings per share, free float, the XD marker, and the announcement titles. A second reading from the TradingView public screener the same day agrees on the close for all ten, and on the change for every company without XD.

The checker is itself tested with planted errors, and the method page lists them.

What is left out on purpose

Dividend amounts, yields, tax rates, tariffs, forecasts and recommendations. None is among the figures read, and writing them from memory would be inventing them.

The rules of the exchange are stated as the exchange's rules, and a reader who needs a decision should read the exchange's notice.

Five questions before counting on a dividend

Is there a declaration, and does it name an amount per share? What are the record and ex-dates, and do they fall after the day you would buy? Is the amount per share or in total? Is the payment date stated? What tax applies to you?

Each has an answer in the company's notice or your broker's statement, which is where to look.

The FxPro account is a different thing

The one affiliate link on this site is to FxPro, an international broker that offers contracts for difference. A CFD on a share is a contract on its price: no share is bought, and no dividend is received from the company. FxPro does not offer PSX shares at all, so it is not a way to receive a PSX company's dividend. The publisher may earn a commission if a reader opens an account through the link.