Dividend Paying Stocks: Top 15 Highest Dividend Yielding Mid-Cap Stocks- Check List (image source: Canva)
Dividend-Paying Stocks: Investing in dividend-paying mid-cap stocks can offer a compelling combination of income, growth potential, stability, and tax advantages. However, investors should conduct thorough research and due diligence to identify high-quality dividend-paying companies with sustainable dividend policies and strong long-term prospects. Here are the top 15 highest dividend-paying mid-cap stocks.
Top 15 Highest Dividend Yielding Mid-Cap Stocks
1. Oil India
The state-owned oil company, Oil India is the highest dividend-paying mid-cap stock. The company delivered a 5 per cent dividend yield with a 3.5 rupees dividend payout per share in the last 12 months.
2. Sonafi India
The healthcare company stock has delivered 5 per cent dividend yield with a 194 rupees dividend payout per share in the last one year.
3. Oracle Financial Services Software
The financial and software service provider, Oracle Financial Services Software delivered a 4 per cent dividend yield with a 225 dividend pay in the last 12 months.
4. Petronet LNG
The state-owned natural gas company, Petronet LNG Ltd delivered 4 per cent dividend yield with a 7 rupees dividend payout per share in the last year.
5. National Aluminium Company
The public sector undertaking has delivered a 4 per cent dividend yield with a 1 rupee dividend payout per share in last 12 months.
6. Indraprastha Gas Ltd
Delhi-based gas production and distribution company has delivered a 4 per cent dividend yield with 4 rupees dividend payout per share in the last 12 months.
7. REC Limited
Maharatna government-owned power company has delivered a 4 per cent dividend yield with a 3.5 rupees dividend payout per share in the last 12 months.
8. NMDC
National Mining Development Corporation (NMDC), a public sector undertaking has delivered a 3 per cent dividend yield with a 2.85 rupees dividend payout per share in the last 12 months.
9. Power Finance And Corporation Ltd
The PSU has delivered a 3 per cent dividend yield with a 4.5 rupees dividend payout per share in the last 12 months.
10. ICICI Securities
The financial and brokerage service provider has delivered a 3 per cent dividend yield with a 12 rupees dividend payout per share in the last 12 months.
11. NHPC
Public sector hydropower company has delivered 3 per cent dividend yield with a Rs 0.45 dividend payout per share in last 12 months.
12. Canara Bank
The private bank stock has delivered a 3 per cent dividend yield with a 12 rupees dividend payout per share in the last 12 months
13. Torrent Power
The power generation and distribution company has delivered a 3 per cent dividend yield with a Rs 4 dividend payout per share in the last 12 months.
14. Nippon Life India Asset Management
The asset management company has delivered a 3 per cent dividend yield with a 5.5 rupees dividend payout per share in the last 12 months.
15. Sun TV Network
The television and broadcasting company has delivered a 3 per cent dividend yield with a 5 rupees dividend payout per share in the last 12 months.
(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. Today Technology Market ResearchDigital suggests its readers/audience to consult their financial advisors before making any money-related decisions.)
