India’s Top 15 Dividend Yield Large Cap Companies – Full List
Top 15 Dividend Yield Large Cap Stocks: Domestic broking firm Axis Securities recently reported the top 15 dividend yield large cap companies in its research report. The analysts at the brokerage included India’s top blue chip public sector and private sector behemoths. The companies included in the list have a high dividend yield which have been rewarding the shareholders with a handsome interim and final dividend, helping investors and traders reap rich benefits. The dividend yield is the dividend per share and is expressed as dividend/price as a percentage of a company’s share price, such as 2.5%.1
Vedanta, Coal India, ITC among other stocks have been included in the list. A dividend is the distribution of a company’s earnings to its shareholders and is determined by the company’s board of directors. Dividends are often distributed quarterly and may be paid out as cash or in the form of reinvestment in additional stock, defined Investopedia. Here is quick list of blue chip high dividend companies.
1) Vedanta: The company has had a dividend yield of 23 per cent in the last 12 months at the current levels.
2) Hindustan Zinc: The company has had a dividend yield of 16 per cent in the last 12 months at the current levels.
3) Coal India: The company has had a dividend yield of 6 per cent in the last 12 months at the current levels.
4) Indian Oil Corporation: The company has had a dividend yield of 6 per cent in the last 12 months at the current levels.
5) Power Grid Corporation: The company has had a dividend yield of 6 per cent in the last 12 months at the current levels.
6) Bharat Petroleum: The company has had a dividend yield of 5 per cent in the last 12 months at the current levels.
7) Oil & Natural Gas: The company has had a dividend yield of 4 per cent in the last 12 months at the current levels.
8) ITC Ltd: The company has had a dividend yield of 3 per cent in the last 12 months at the current levels.
9) Piramal Enterprises: The company has had a dividend yield of 3 per cent in the last 12 months at the current levels.
10) Tech Mahindra: The company has had a dividend yield of 3 per cent in the last 12 months at the current levels.
11) HCL Technologies: The company has had a dividend yield of 3 per cent in the last 12 months at the current levels.
12) NTPC Ltd: The company has had a dividend yield of 3 per cent in the last 12 months at the current levels.
13) Tata Consultancy Services: The company has had a dividend yield of 3 per cent in the last 12 months at the current levels.
14) Tata Steel: The company has had a dividend yield of 3 per cent in the last 12 months at the current levels.
15) GAIL (India): The company has had a dividend yield of 2 per cent in the last 12 months at the current levels.
(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.)
