Top 15 Highest Dividend Paying PSU Stocks For Regular Income And High Returns- Check Full List (image source: iStock)
Top Dividend Paying PSU Stocks: Public sector units (PSU) companies offer high dividend yields that are particularly attractive to investors seeking both high returns and regular income. These companies, often overlooked in favour of their larger counterparts, can provide a significant return on investment through dividends—a form of profit-sharing from the company to its shareholders.
Here Are The Top 15 PSU Dividend Paying Stocks
1. Coal India:
In the last fiscal year, the state-owned PSU Coal India has given a 6 per cent dividend yield at Rs 24.5 per share.
2. Balmer Lawrie Investment Ltd:
The financial company has given a 6 per cent dividend yield in the last year at Rs 33 per share.
3. Indian Oil Corporation Ltd:
The state-owned oil company has given nearly 6 per cent of the dividend yield in the last financial year at Rs 8 per share.
4. Power Grid Corporation of India Ltd:
The public sector power distribution company has given a 6 per cent yield in the last financial year at Rs 13.8 per share.
5. Oil & Natural Gas Corpn Ltd:
The state-owned oil and natural gas company rewarded the investors with 4 per cent of the dividend yield in the last 12 months at Rs 10.3 per share.
6. National Aluminium Company Ltd:
The public sector undertaking in the aluminium sector has given nearly a 4 per cent dividend yield in the last 12 months at Rs 5.5 per share.
7. Rites Ltd:
The company paid the investors a 4 per cent dividend yield in the last 12 months, amounting to Rs 20 per share.
8. REC Ltd:
The state-owned company has given a 3 per cent dividend yield in the last 12 months at Rs 14.1 per share.
9. Chennai Petroleum Corporation Ltd:
The state-owned petroleum company has given a 3 per cent dividend yield in the last 12 months at Rs 27.0 per share.
10. NMDC Ltd:
National Mining Development Corporation has given a 3 per cent dividend yield at 6 rupees per share in last 12 months.
11. Power Finance Corporation Ltd:
The PSU stock has given a 3 per cent dividend yield at Rs 12.5 per share.
12. NTPC Ltd:
India’s largest energy conglomerate and PSU has given a 3 per cent dividend yield at Rs 9.5 per share in the last 12 months.
13. Balmer Lawrie & Company Ltd:
The company has consistently paid investors a 3 per cent dividend yield of Rs 7.5 per share.
14. Housing & Urban Development Corporation Ltd:
The PSU has given a 3 per cent dividend yield at Rs 3.9 per share in the last 12 months.
15. National Fertilizer Ltd:
The agriculture fertilizer company has given a 3 per cent dividend yield in the last 12 months at Rs 2.8 per share.
(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 consult their financial advisors before making any money-related decisions.)
