The following is a list of some of the highest dividend-paying Indian stocks:
1.INEOS Styrolution India Ltd
In the past one year, the company has paid out dividends of ₹297, while its share price is currently at ₹875 – hence it has a dividend yield of almost 34%. Its share price has fallen by 40.28% in the last one year.
2.Vedanta Ltd.
The company gave ₹77.5 as dividends in the last one year and its current share price stands at ₹292.55. Therefore it has had a 26.5% dividend yield in the year 2022. However, its stock has largely overall not given much returns, with a fall of 0.85% in the last one year.
3.Indian Oil Corporation Ltd.
The dividend yield of the company stands at 16.8% given that it paid a dividend of ₹11.4 in the past twelve months while its current share price stands at ₹67.85. Its stock price, however, has fallen by 22.13% in the last one year.
4.Rural Electrification Corporation Ltd.
It is a subsidiary of Power Finance Corporation Ltd. and it gave a dividend of ₹15.3 per share with a current share price of ₹95.75. This means its shareholders enjoy a dividend yield of 16%. In the last 12 months, its stock price has fallen by 19.56%.
5.Power Finance Corporation Ltd.
It gave ₹12 per share as dividend and has a current market price of ₹105.9 which makes its dividend yield equal to 11.33%. However, in the last year, its stock price has fallen by 24.88%.
6. National Mineral Development Corporation Ltd.
It gave a dividend of ₹14.74 in the last twelve months and its current share price is ₹132.85 which gives its shareholders a dividend yield of around 11.1%. Its stock price has fallen by 8.25% in the past 12 months.
7.Steel Authority of India Ltd.
This CPSE stock has given a dividend of ₹8.75 with a current market price of ₹82.3 which gives its shareholders a dividend yield of 10.6%. Its stock price has however fallen by 29.47% in the past 12 months.
8. Bharat Electronics Ltd.
This CPSE stock has given a dividend of ₹4.5 per share (each share currently being priced at ₹105.95) thus giving a dividend yield of 4.25%. Even better, its stock price has skyrocketed this year by 54.93% in the last 12 months.
9.National Thermal Power Corporation
This is also a CPSE whose stock has given a dividend of ₹7/share which gives its investors a dividend yield of 4.19% at a price of ₹166.95 per share. Its share price has increased by 10.41% in the past 1 year.
10.Union Bank of India
The stock has given dividend yield of 4.13% by giving a dividend of ₹1.9 in the past 12 months while the price of the stock is ₹45.95. The stock price has grown by 1.77% in the past year.
Disclaimer: This blog is exclusively for educational purposes. The securities quoted are exemplary and are not recommendatory.
0 Comments