Top 10 Dividend Paying Stocks in India: Investors are constantly searching for reliable investment solutions that guarantee consistent returns even during volatile periods. Stocks with high dividend yields may be a wise choice for investors seeking steady income and profits. A variety of high-dividend-paying stocks are available in India, one of the world’s economies with the fastest rate of growth. These stocks can make a fantastic addition to your equity portfolio.
In this blog post, we will look at the top 10 dividend-paying stocks in India in the last 12 months that you can consider adding to your portfolio.
#1 Hindustan Zinc
In the past 12 months, Hindustan Zinc has distributed dividends amounting to Rs 75.50 for each equity share. With a dividend yield of 25.7%, the company stands out as one of the top dividend-paying companies in the market.
#2 Sanofi India
Over the last 12 months, Sanofi India has disbursed dividends worth Rs 75.50 per equity share. The company’s dividend yield stands at 11.9%, indicating that it is one of the notable dividend-paying companies in the market.
#3 REC
In the previous 12 months, a leading infrastructure finance company has announced an equity dividend of Rs 13.05 for each share. With a dividend yield of 11.3%, the company is recognized as one of the most significant dividend-paying corporations in the market.
#4 Coal India
Coal India, a government-owned enterprise, has announced a dividend of Rs 23.25 for each equity share in the past 12 months. With a dividend yield of 10.9%, the company is considered to be one of the most substantial dividend-paying firms in the market.
#5 Swaraj Engines
Over the past 12 months, Swaraj Engines has distributed dividends worth Rs. 80 per equity share. The company’s dividend yield stands at 10.4%, implying that it is one of the notable dividend-paying firms in the market.
#6 Housing and Urban Development Corporation
In the previous 12 months, Hudco has announced a cumulative dividend of Rs 3.50 for each equity share. With a dividend yield of 9.8%, the company is recognized as one of the most significant dividend-paying corporations in the market.
#7 GAIL (India)
GAIL (India), a government-owned corporation, has announced a dividend of Rs 5 for each equity share in the past 12 months. With a dividend yield of 9.5%, the company is considered to be one of the most substantial dividend-paying firms in the market.
#8 VST Industries
Over the previous 12 months, VST Industries has disbursed dividends amounting to Rs 140 per equity share. With a dividend yield of 8.9%, the company is recognized as one of the most significant dividend-paying corporations in the market.
#9 Oil India
Oil India has announced a cumulative dividend of Rs 19.50 for each equity share in the past 12 months. With a dividend yield of 7.7%, the company is considered to be one of the most substantial dividend-paying firms in the market.
#10 Rites
Rites has announced a dividend of Rs 18 for each equity share in the past 12 months. With a dividend yield of 7.2%, the company is considered to be one of the most significant dividend-paying firms in the market.
