Top 15 Stocks With Dividend Yield of More Than 8%

Posted by: Aamir Hayat Like: 0 Post Date: May 9, 2026

Top 15 Stocks With Dividend Yield of More Than 8%

13. Bank of Punjab (BOP)

Forward Dividend Yield: 8.4%

Dividend Yield: This stock offers a dividend yield of approximately 8%, placing it among the top dividend-yielding bank stocks.
Earnings and Payout: In CY25, the bank maintained a dividend payout ratio of roughly 45-50%. Its trailing P/E multiple is approximately 6.9x, trading near the sector average.
Valuation: The bank currently trades at a Price-to-Book (P/B) multiple of approximately 1.0x.

Bank of Punjab (BOP)

Bank of Punjab has emerged as one of the higher-yielding banking stocks in the market, supported by steady payouts and improving profitability trends.

📢 Announcement: You can now access our services and similar analyses by opening an account with us via JS Global

Don't miss:

Dividend yield remains attractive

The stock currently offers a dividend yield of around 8%, placing it among the stronger income-generating names within the banking sector. The bank also maintained a dividend payout ratio of approximately 45% to 50% in CY25, reflecting a balanced approach between rewarding shareholders and retaining earnings for future growth.

Valuation remains relatively reasonable

From a valuation perspective, BOP continues to trade at moderate levels compared to peers. The stock’s trailing P/E ratio stands at around 6.9x, which is close to the sector average and suggests the market is still pricing the bank conservatively despite improving fundamentals. Meanwhile, the bank trades at a Price-to-Book (P/B) multiple of roughly 1.0x, indicating that the stock is valued close to its book value.

Why investors are watching the stock

The investment case for BOP largely revolves around its combination of:

Attractive dividend payouts
Reasonable valuation multiples
Exposure to the broader banking sector recovery

📢 Announcement: We're on WhatsApp – Join Us There!

For income-focused investors, the stock offers an opportunity to capture relatively high cash returns while still trading at valuations that are not overly stretched.

Bottom line

Bank of Punjab offers a straightforward dividend story backed by stable payouts and fair valuations. With an 8% dividend yield, a payout ratio near 50%, and valuation multiples close to sector averages, the stock remains an important name to watch for investors seeking income-focused opportunities in Pakistan’s banking sector.

⚠️ This post reflects the author’s personal opinion and is for informational purposes only. It does not constitute financial advice. Investing involves risk and should be done independently. Read full disclaimer →