PSX dividend calendar November 2026: ex-dates
PSX dividend calendar for November 2026 as of 3 November: 30 expected ex-dates, 29 cash and one bonus; 19 still ahead. Last November had 28. Rupees per share.
By the SuperX research team · Reviewed by Umair Aslam, Co-founder & CEO · Published
As of 3 November 2026, SuperX’s live PSX dividend calendar lists 30 ex-dates in November 2026 (upcoming dividends kab aayenge): 29 cash dividends and one bonus issue, LSE Ventures Limited (LSEVL). Eleven have already passed, six on Monday 2 November and five on Tuesday 3 November. The other 19 are still ahead, from Wednesday 4 November to Wednesday 11 November, the last date listed. All 30 are expected dates, not confirmed by PSX. The list is not final: of 28 entries with a November 2025 ex-date in SuperX’s record, 24 were announced between 22 and 30 October 2025. Later announcements are on the live dividend calendar, which this post does not replace.
Which ex-dates fall in November 2026?
This is the complete November list in SuperX’s data as of 3 November 2026. SuperX pulled it from its public API (api.superx.pk/dividends/upcoming), which on that date held 30 upcoming entries, all with an ex-date between 2 and 11 November. All 30 are marked expected. The “Status on 3 Nov” column says whether the expected ex-date had passed on that date: ex-dates on 2 and 3 November are marked Passed and were not removed, because the API still lists them as expected, not confirmed. Percentages are of face value, Rs 10 unless noted. Announcement dates run from 21 October to 2 November (LSEVL: 25 September). Rows are in ex-date order, then alphabetical.
| Symbol | Company | Type | Entitlement | Rupees per share | Ex-date (2026) | Status on 3 Nov | Buy-by date | Book closure (Nov) | Announced |
|---|---|---|---|---|---|---|---|---|---|
| BWCL | Bestway Cement Limited | Cash | 100% | 10.00 | Mon 2 Nov | Passed | Fri 30 Oct | 3–5 | 27 Oct |
| HBL | Habib Bank Limited | Cash | 60% | 6.00 | Mon 2 Nov | Passed | Fri 30 Oct | 3–4 | 23 Oct |
| HMB | Habib Metropolitan Bank Limited | Cash | 25% | 2.50 | Mon 2 Nov | Passed | Fri 30 Oct | 3–5 | 23 Oct |
| LSEVL | LSE Ventures Limited | Bonus shares | 5% (5 shares per 100 held) | None, paid in shares | Mon 2 Nov | Passed | Fri 30 Oct | 3 | 25 Sep |
| MCB | MCB Bank Limited | Cash | 90% | 9.00 | Mon 2 Nov | Passed | Fri 30 Oct | 3–5 | 22 Oct |
| RMPL | Rafhan Maize Products Company Limited | Cash | 500% | 50.00 | Mon 2 Nov | Passed | Fri 30 Oct | 3–4 | 21 Oct |
| AKBL | Askari Bank Limited | Cash | 20% | 2.00 | Tue 3 Nov | Passed | Mon 2 Nov | 4–6 | 22 Oct |
| EFUL | EFU Life Assurance Limited | Cash | 15% | 1.50 | Tue 3 Nov | Passed | Mon 2 Nov | 4 | 27 Oct |
| MEBL | Meezan Bank Limited | Cash | 80% | 8.00 | Tue 3 Nov | Passed | Mon 2 Nov | 4–5 | 22 Oct |
| MUREB | Murree Brewery Company Limited | Cash | 65% | 6.50 | Tue 3 Nov | Passed | Mon 2 Nov | 4–5 | 23 Oct |
| SPWL | Saif Power Limited | Cash | 10% | 1.00 | Tue 3 Nov | Passed | Mon 2 Nov | 4–6 | 27 Oct |
| EFUG | EFU General Insurance Limited | Cash | 15% | 1.50 | Wed 4 Nov | Ahead | Tue 3 Nov | 5 | 28 Oct |
| FABL | Faysal Bank Limited | Cash | 15% | 1.50 | Wed 4 Nov | Ahead | Tue 3 Nov | 5–7 | 22 Oct |
| UPFL | Unilever Pakistan Foods Limited | Cash | 3,120% | 312.00 | Wed 4 Nov | Ahead | Tue 3 Nov | 5–7 | 23 Oct |
| BAFL | Bank Alfalah Limited | Cash | 30% (face value Rs 5) | 1.50 | Thu 5 Nov | Ahead | Wed 4 Nov | 6 | 22 Oct |
| INDU | Indus Motor Company Limited | Cash | 560% | 56.00 | Thu 5 Nov | Ahead | Wed 4 Nov | 6–10 | 28 Oct |
| ITANZ | Itanz Technologies Limited | Cash | 7.5% | 0.75 | Thu 5 Nov | Ahead | Wed 4 Nov | 6–10 | 22 Oct |
| ABL | Allied Bank Limited | Cash | 40% | 4.00 | Fri 6 Nov | Ahead | Thu 5 Nov | 10–12 | 29 Oct |
| FFC | Fauji Fertilizer Company Limited | Cash | 185% | 18.50 | Fri 6 Nov | Ahead | Thu 5 Nov | 9–11 | 28 Oct |
| GHGL | Ghani Glass Limited | Cash | 10% | 1.00 | Fri 6 Nov | Ahead | Thu 5 Nov | 10–12 | 28 Oct |
| HUBC | The Hub Power Company Limited | Cash | 50% | 5.00 | Fri 6 Nov | Ahead | Thu 5 Nov | 10–12 | 28 Oct |
| NATF | National Foods Limited | Cash | 60% (face value Rs 5) | 3.00 | Fri 6 Nov | Ahead | Thu 5 Nov | 9–11 | 27 Oct |
| PAKT | Pakistan Tobacco Company Limited | Cash | 500% | 50.00 | Fri 6 Nov | Ahead | Thu 5 Nov | 9–11 | 27 Oct |
| SAZEW | Sazgar Engineering Works Limited | Cash | 50% | 5.00 | Fri 6 Nov | Ahead | Thu 5 Nov | 9–11 | 27 Oct |
| WAFI | Wafi Energy Pakistan Limited | Cash | 40% | 4.00 | Fri 6 Nov | Ahead | Thu 5 Nov | 10–12 | 29 Oct |
| DLL | Dawood Lawrencepur Limited | Cash | 100% (face value Rs 1) | 1.00 | Tue 10 Nov | Ahead | Fri 6 Nov | 11 | 30 Oct |
| OGDC | Oil & Gas Development Company Limited | Cash | 50% | 5.00 | Tue 10 Nov | Ahead | Fri 6 Nov | 11–12 | 30 Oct |
| ATLH | Atlas Honda Limited | Cash | 560% | 56.00 | Wed 11 Nov | Ahead | Tue 10 Nov | 12–13 | 2 Nov |
| HUMNL | Hum Network Limited | Cash | 50% (face value Rs 1) | 0.50 | Wed 11 Nov | Ahead | Tue 10 Nov | 12–13 | 2 Nov |
| PPL | Pakistan Petroleum Limited | Cash | 20% | 2.00 | Wed 11 Nov | Ahead | Tue 10 Nov | 12–16 | 29 Oct |
The 30 entries fall on seven dates: 6 on 2 November, 5 on 3 November, 3 on 4 November, 3 on 5 November, 8 on 6 November, 2 on 10 November and 3 on 11 November. The API’s buy-by date for the 10 November entries is Friday 6 November, so it counts Monday 9 November as a day with no trading. The bonus shares guide covers how a bonus changes the share count and the adjusted price.
Why can the November list still grow after 3 November?
A dividend reaches the calendar when the board announces it, usually together with quarterly or annual results. The ex-date follows the book closure, which can start a week or so after the announcement. For ex-dates in the first week of November, the announcement has to arrive in the last days of October. On 3 November, 27 of the 29 cash dividends in the table had been announced between 21 and 30 October; ATLH and HUMNL were announced on 2 November, for ex-dates on 11 November. The announcements guide explains the board-meeting and results notices in that chain.
Last year shows the timing. In SuperX’s record, the 28 entries with a November 2025 ex-date were 27 cash dividends and one right issue. All 28 ex-dates were confirmed. Only four were announced before 22 October or after 30 October.
| Ex-date (November 2025) | Entries | Symbols (alphabetical; * is a right issue) |
|---|---|---|
| Mon 3 Nov | 8 | BAFL, EFUL, FFC, HMB, MEBL, MUREB, NICL, UPFL |
| Tue 4 Nov | 5 | AGIC*, EFUG, FABL, HALEON, SPWL |
| Wed 5 Nov | 3 | ATIL, INDU, WAFI |
| Thu 6 Nov | 1 | AKBL |
| Fri 7 Nov | 4 | GHGL, GVGL, OGDC, RMPL |
| Mon 10 Nov | 2 | HUBC, PPL |
| Tue 11 Nov | 1 | ATLH |
| Tue 18 Nov | 1 | SSGC |
| Wed 19 Nov | 2 | BRRG, SNGP |
| Tue 25 Nov | 1 | FTMM |
This table is a record of 2025, not a forecast of 2026. A company that paid last November may pay nothing, or pay in a different month, this year. What it shows is when the calendar fills: 21 of the 28 ex-dates fell between 3 and 7 November 2025, and all but one of those were announced between 22 and 30 October. In 2025, 7 of the 28 fell on 10 November or later; in the table above, 5 of the 30 do so far.
What is the difference between an expected and a confirmed ex-date?
On SuperX, an “expected” ex-date is inferred from the book closure and is not yet confirmed by PSX. A “confirmed” ex-date has been stated by the exchange. All 30 entries in the live feed on 3 November 2026 were still marked expected, including the 11 whose expected ex-date had already passed.
Under T+1 settlement, the ex-date is the last trading day before the book closure starts, and the buy-by date is the trading day before the ex-date. For LSEVL, book closure is Tuesday 3 November, so the expected ex-date is Monday 2 November and the buy-by date is Friday 30 October. The weekend sits between those two, which is why the buy-by date is three calendar days earlier. A trading holiday would move them. Ex-date, book closure and record date walks through the arithmetic with a worked example, and PSX’s own notice is the final word.
How do you turn a percentage of face value into rupees per share?
PSX companies quote a cash dividend as a percentage of face value, not of the share price. Rupees per share equal the percentage times the face value, divided by 100. The face value is not always Rs 10, so check it. These examples come from the November entries in the table above.
| Symbol | Dividend as announced | Face value | Rupees per share |
|---|---|---|---|
| HBL | 60% | Rs 10 | Rs 6.00 |
| BWCL | 100% | Rs 10 | Rs 10.00 |
| NATF | 60% | Rs 5 | Rs 3.00 |
| BAFL | 30% | Rs 5 | Rs 1.50 |
The same 60% is Rs 6.00 on HBL’s Rs 10 share and Rs 3.00 on NATF’s Rs 5 share. A 100% dividend is Rs 5 on a Rs 5 share and Rs 10 on a Rs 10 share. The percent-of-face-value guide covers this in depth. Cash dividends are paid before tax, and tax is withheld at source; withholding tax on dividends explains how.
Do bonus and right issues belong on a dividend calendar?
They sit on the same calendar because they share the same dates: book closure, ex-date and buy-by date. They are different entitlements. A cash dividend pays rupees. A bonus pays extra shares, so LSEVL’s 5% bonus means five new shares for every 100 held and no cash. A right issue is an offer to buy new shares. The right shares guide covers the choice. On a bonus ex-date the exchange’s own price steps down by the bonus ratio, and adjusted chart prices remove that step; see adjusted prices in a chart.
How do you keep the November list current?
- Open the live dividend calendar, which is sorted by ex-date and marks expected dates.
- For any company, read the filing it came from, because that is the source for the dates.
- Convert the percentage using the face value in the notice, and check whether it is cash, bonus or right.
- Work out the buy-by date and write it down.
The dividend investors page is a starting point. This post is a snapshot, and the calendar is the source.
Frequently asked questions
Which PSX stocks go ex-dividend in November 2026?
As of 3 November 2026, SuperX’s calendar lists 30 expected November ex-dates, 29 cash dividends and one bonus (LSEVL). Eleven fell on 2 or 3 November, including HBL, MCB and BWCL. The 19 ahead run from 4 November (EFUG, FABL, UPFL) to 11 November (ATLH, HUMNL, PPL), with eight on 6 November including FFC and HUBC. Check the live calendar for later announcements.
Will more November dividends be added?
Companies announce dividends with results, and in 2025 most November ex-dates were announced between 22 and 30 October. The list can grow as announcements arrive; on 3 November it ends at 11 November.
What does “expected” ex-date mean?
It means SuperX worked the date out from the announced book closure and PSX has not yet confirmed it. A confirmed ex-date is one the exchange has stated.
How do I convert 150% to rupees per share?
Multiply 150 by the face value and divide by 100. At Rs 10 face value that is Rs 15 per share. At Rs 5 face value it is Rs 7.50.
Does a bonus count as a dividend?
It sits on the same calendar and follows the same dates, but it pays in shares, not rupees. A 5% bonus gives five shares per 100 held.
Try it
Open the SuperX dividend calendar for every upcoming ex-date, with expected dates marked and a rupees-per-share figure for each cash dividend.
Education, not investment advice.
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