Here are some highest dividend-paying Indian stocks
1. #INEOSStyrolution India Ltd
In the past one year, the company has paid out dividends of ₹297 its share price is currently at ₹825 hence it has a dividend yield of almost 34%. Its share price has fallen by 40% in 1 yr
1/10
2. #Vedanta Ltd
The company gave ₹77.5 as dividends in the last one year and its current share price stands at ₹311.95. Therefore it has had a 26.5% dividend yield in the year 2022. Its stock has largely overall not given much returns, with a fall of 1% in the last 1 yr.
2/10
3. #IndianOilCorporation 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 ₹69.80. Its stock price, however, has fallen by 22.13% in the last one year.
3/10
4. #RuralElectrificationCorporation 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 ₹99.70. This means its shareholders enjoy a dividend yield of 16%. In the last 1 yr, it has fallen by 20%.
4/10
5. #PowerFinance Corporation Ltd
It gave ₹12 per share as dividend and has a current market price of ₹120.40 which makes its dividend yield equal to 11.33%. However, in the last year, its stock price has fallen by 24.88%.
5/10
6. #NationalMineralDevelopment Corporation Ltd
It gave a dividend of ₹14.74 in the last twelve months and its current share price is ₹113.55 which gives its shareholders a dividend yield of around 11.1%. Its stock price has fallen by 8.25% in the past 12 months.
6/10
7. #SteelAuthority of India Ltd
This CPSE stock has given a dividend of ₹8.75 with a current market price of ₹85.55 which gives its shareholders a dividend yield of 10.6%. Its stock price has however fallen by 29.47% in the past 12 months.
7/10
8. #BharatElectronics Ltd
This stock has given a dividend of ₹4.5 per share (each share currently being priced at ₹107.40) 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.
8/10
9. #NationalThermalPower 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 ₹171.45 per share. Its share price has increased by 10.41% in the past 1 year.
9/10
10. #UnionBank 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 ₹66.70. The stock price has grown by 1.77% in the past year.
10/10
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