Top 4 NSE PSU Banks Losers, Offering Dividend Yield Upto 3.46%: Invest?

Nifty PSU Bank closed at 2,453.35 points today, on June 15, by falling 0.38%. Here, the top 4 PSU bank losers have been mentioned, those are offering good dividend yields. These banks have mostly fallen in the past six months, however, recorded high returns, in the long run, check details for investment.

Canara Bank

Canara Bank's share price has closed at Rs. 188.10, falling by 4.59% today. The stock's 52 week high level is Rs. 272.80, and 52 week low level is Rs. 141.45. In the past 6 months the bank's share price has fallen by 11.36%, however, in the past 1 year its share price has surged by 23.65%. Market capitalization of this PSU bank is Rs. 34,160 crore. According to data available with NSE, in the last quarter of FY 22, the bank's total income stood at Rs. 22,32,311 lakh, PBT stood at Rs. 2,49,326 lakh, and Net Profit stood at Rs. 1,66,622 lakh. This public bank is offering a dividend yield of 3.46%.

As of March 2022, Canara Bank services over 10.6 crore customers through a network of 9,734 branches and 12,208 ATMs/Recycler spread across all Indian states and Union Territories, it is one of the largest public sector bank in India.

UCO Bank

UCO Bank's share price has closed at Rs. 11.00, falling by 0.45% today. The stock's 52 week high level is Rs. 15.90, and 52 week low level is Rs. 10.90. In the past 6 months the bank's share price has fallen by 17.29%, and, in the past 1 year its share price has fallen by 21.79%. Market capitalization of this PSU bank is Rs. 13,091 crore. According to data available with NSE, in the third quarter of FY 22, the bank's total income stood at Rs. 4,63,844 lakh, PBT stood at Rs. 79,168 lakh, and Net Profit stood at Rs. 31,039 lakh.

Founded in 1943, UCO Bank is a commercial bank under the union government. The bank has a countrywide network of more than 3000 service units which includes specialized and computerized branches in India and overseas.

Bank of Baroda

Bank of Baroda's share price has closed at Rs. 100.20, falling by 0.35% today. The stock's 52 week high level is Rs. 122.70, and 52 week low level is Rs. 72.50. In the past 6 months the bank's share price has gained by 13.03%, and, in the past 1 year its share price has gained by 18.72%. Market capitalization of this PSU bank is Rs. 51,765 crore. According to data available with NSE, in the fourth quarter of FY 22, the bank's total income stood at Rs. 20,69,590 lakh, PBT stood at Rs. 1,89,876 lakh, and Net Profit stood at Rs. 1,77,877 lakh.

This bank is one of the largest PSU bank operating in India. This public bank is offering a dividend yield of 2.84%.

Punjab & Sind

Punjab & Sind Bank's share price has closed at Rs. 14.10, falling by 0.70% today. The stock's 52 week high level is Rs. 22.70, and 52 week low level is Rs. 13.10. In the past 6 months the bank's share price has fallen by 15.82%, and, in the past 1 year its share price has fallen by 29.85%. Market capitalization of this PSU bank is Rs. 9,590 crore. According to data available with NSE, in the fourth quarter of FY 22, the bank's total income stood at Rs. 2,00,790 lakh, PBT stood at Rs. 44,905 lakh, and Net Profit stood at Rs. 34,610 lakh.

This public bank is offering a dividend yield of 2.20%.