KARACHI: As a step toward assisting investors, stakeholders, and market players, the Pakistan Stock Exchange (PSX) on Tuesday introduced its first basic index – the PSX Dividend 20 Index.
The top 20 dividend-paying firms at PSX are ranked and weighted according to their trailing 12-month dividend yield, according to a statement made by the management of PSX. This index is intended to follow the performance of these companies.
The PSX is always developing and launching new products and offerings to improve the investor and market participant experience, according to CEO and Managing Director Farrukh H Khan.