Top performing high dividend yield stocks
High dividend yield is one of the most sought-after qualities one looks at when it comes to stock picking.
High dividend yield stocks are especially useful for those investors, who are looking for income generation opportunities in the form of dividends. In the current COVID-19 led market correction, the stock prices have made the dividend yields improve by a good margin. Even after the recovery in stock prices, the dividend yield in certain stocks are looking extremely attractive and better than the returns of fixed deposits in nationalised banks. The icing on the cake is steady stock price gains in these high dividend-yielding stocks.
Here is a list of the top-performing ‘high dividend-yielding stocks’:
|
Company Name
|
Sector
|
Market Cap (Rs. Cr.)
|
Adjusted PE (x)
|
Returns since March 23 (%)
|
Dividend Yield (%)
|
|
Indiabulls Housing Finance Ltd
|
Finance
|
8758.86
|
1.91
|
113.27
|
32.11
|
|
MPS Ltd.
|
Media & Entertainment
|
815.51
|
7.08
|
122.93
|
24.93
|
|
UFO Moviez India Ltd
|
Media & Entertainment
|
220.99
|
2.12
|
12.64
|
19.61
|
|
Welspun Corp Ltd
|
Automobile & Ancillaries
|
3024.95
|
6.07
|
69.39
|
16.83
|
|
Sasken Technologies Ltd
|
IT
|
931.05
|
6.92
|
73.86
|
14.53
|
|
Procter & Gamble Health Ltd
|
Healthcare
|
7944.13
|
6.1
|
54.68
|
14.27
|
|
TV Today Network Ltd
|
Media & Entertainment
|
1347.91
|
6.94
|
54.04
|
13.46
|
|
Sonata Software Ltd
|
IT
|
3295.69
|
8.11
|
90.75
|
12.28
|
|
Phillips Carbon Black Ltd
|
Chemicals
|
2155.95
|
3.82
|
107.98
|
11.14
|
|
Visaka Industries Ltd
|
Construction Materials
|
523.36
|
4.35
|
196.36
|
11.1
|
|
Hindustan Zinc Ltd
|
Non - Ferrous Metals
|
97858.39
|
9.63
|
84.62
|
10.63
|
|
National Aluminium Company Ltd
|
Non - Ferrous Metals
|
7229.27
|
5.97
|
38.15
|
10.38
|
|
Ester Industries Ltd.
|
Plastic Products
|
628.37
|
2.02
|
174.5
|
10.37
|
|
Vedanta Ltd
|
Non - Ferrous Metals
|
47951.81
|
13.47
|
105.74
|
10.26
|
|
GPT Infraprojects Ltd
|
Infrastructure
|
91.77
|
2.55
|
119.86
|
10.07
|