Companies giving high dividend yields to investors!
Who doesn't enjoy being rewarded for taking a risk? Some businesses compensate their shareholders by issuing dividends. This post will identify the top stocks with the highest dividend yield.
You may gain money by investing in stocks in a variety of ways. The two most common methods to profit from stocks are capital appreciation and dividends. Having said that, a company is not obligated to pay dividends. As a result, relying only on dividends makes little sense.
Companies often issue dividends when they are successful enough and have no capital expenditures planned. However, if the firm is simply keeping those gains in cash and not paying dividends or expanding capacity, it is time to take a closer look at its fundamentals.
When determining which firms give maximum dividends, it is wise to consider dividend yield. A dividend yield is a metric that represents the percentage of a company's share price that it pays out in dividends. It may be determined simply by dividing the dividend per share by the current share price. To evaluate the market's dividend yield trend, we will examine the dividend yield of the Nifty 500 over the previous five years.
| Date |
Dividend Yield (%) |
| May-18 |
1.2 |
| May-19 |
1.2 |
| May-20 |
1.6 |
| May-21 |
1.1 |
| May-22 |
1.4 |
The stocks with the highest dividend yield are listed below.
| Stocks |
CMP (Rs) |
Sales Growth (%) |
Profit Growth (%) |
ROE (%) |
P/E |
Dividend Yield (%) |
Dividend Payout Ratio (%) |
| Vedanta |
321.0 |
30.9 |
21.8 |
29.8 |
6.2 |
14.0 |
89.0 |
| Power Finance Corporation |
112.0 |
19.3 |
16.4 |
21.2 |
2.1 |
10.7 |
22.6 |
| REC |
119.9 |
14.1 |
13.5 |
21.2 |
2.4 |
10.6 |
30.1 |
| IOCL |
118.5 |
3.7 |
9.0 |
20.5 |
4.5 |
10.2 |
47.3 |
| SAIL |
76.7 |
8.3 |
12.8 |
25.1 |
2.5 |
8.5 |
29.5 |
| Coal India |
196.9 |
4.2 |
1.6 |
43.6 |
7.0 |
8.2 |
60.4 |
| Polyplex Corporation |
2,596.8 |
10.6 |
15.0 |
17.9 |
14.4 |
6.3 |
57.4 |
| HUDCO |
35.9 |
9.7 |
10.7 |
12.4 |
4.2 |
6.1 |
32.1 |
| GAIL (India) |
148.7 |
7.7 |
10.7 |
20.9 |
5.4 |
6.1 |
18.1 |