Which Indian stock pays highest dividend?

Which Indian stock pays highest dividend?

Highest Dividend Yield Shares

S.No. Name Div Yld %
1. Hinduja Global 10.44
2. REC Ltd 10.09
3. I O C L 9.39
4. NMDC 9.28

Which Nifty 50 has highest dividend yield?

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Stock Current Price Dividend Amount (trailing 1 year)
Power Finance Corpor.. 112.75 12.75
REC Ltd. 122.55 12.21
Hindustan Petroleum .. 268.70 22.75

What dividend does TCS pay?

TCS Q4: Tata Consultancy Services (TCS), India’s largest IT services company, on Monday recommended a final dividend of ~Rs 22 per equity share of Re 1 each.

How much did ITC pay dividends?

“The Board of the company declared Interim Dividend of Rs 5.25 per ordinary share of Rs 1each for the financial year ending on 31st March, 2022; such Dividend will be paid on Friday, 4th March, 2022, to those Members entitled thereto.It has fixed Tuesday, 15th February, 2022 as the Record Date for the purpose of …

How much does ITC pay in dividends?

For the year ending March 2021 ITC has declared an equity dividend of 1075.00% amounting to Rs 10.75 per share. At the current share price of Rs 263.60 this results in a dividend yield of 4.08%. The company has a good dividend track report and has consistently declared dividends for the last 5 years.

How are dividends paid in Zerodha?

If you are eligible, the dividends get directly credited to your primary bank account linked to your Zerodha account on the dividend payment date, typically 30 to 45 days after the record date.

Is dividend paid monthly?

In the United States, companies usually pay dividends quarterly, though some pay monthly or semiannually. A company’s board of directors must approve each dividend. The company will then announce when the dividend will be paid, the amount of the dividend, and the ex-dividend date.

Did TCS announce dividend?

India’s largest IT player TCS on Monday reported a 7.4 per cent year-on-year rise in consolidated net profit at Rs 9,926 crore compared with Rs 9,246 crore in the same quarter last year.

What are the highest dividend yield shares in India?

Highest Dividend Yield Shares S.No. Name CMP Rs. P/E NP Qtr Rs.Cr. 1. I O C L 106.30 4.62 9026.49 2. PNB Gilts 73.00 2.85 -14.14 3. Coal India 146.70 7.12 4586.78 4. H P C L 267.10 3.55 3060.70

Which are the best dividend-paying companies in India?

Castrol India Ltd. This company belongs to the chemicals sector. The dividend per share is Rs. 6.6 and dividend yield is 3.2%. The average 5 year yield is 2.5%. #2. Greaves Cotton Ltd. This company belongs to the auto ancillary sector. The dividend per share is Rs. 5.2 and dividend yield is 4.4%. The average 5 year yield is 3.6%. #3.

What does 5% dividend yield mean in stocks?

Listed above are some of the highest dividend-yielding stocks in India. By now, you might have understood that a 5% dividend yield means that you can recover 5% of your invested capital solely by receiving dividends from the company. So investors can consider these stocks if they want to receive a high dividend income.

What are the advantages of high dividend-yield stocks?

The following are the advantages of owning high dividend-yield stocks in the portfolio: When the stock markets remain in a sideways range, dividend income can provide some relief to its shareholders. Investors in their old age can get aid in the form of regular income from dividends.