High Dividend Yield Stocks 2024
- Published Date: March 14, 2024
- Updated Date: July 29, 2024
- By Team Choice
Attention investors! An exciting corporate action is happening soon for high dividend yield stocks in India. Here’s a golden opportunity for those who prioritize steady income and long-term growth. Stay tuned for more details on the highest dividend yield stocks and get ready to optimize your portfolio!
List of Highest Dividend Yield Stocks in India 2024
| Company Name | Year End | Market Cap ( Rs Billion ) | "CMP Price Rs" | Face Value RS | 52 week High price | 52 week Low price | TTM EPS (Rs) | "DIVND 1st Year Rs /Shares (Mar23)" | "DIVND 2nd Years Rs /shares (Mar22)" | "DIVND 3rd Year Rs /shares (Mar-21)" | Dividend Yield(%) Latest |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Vedanta Ltd. | Mar-23 | 1028 | 252 | 1 | 301 | 208 | 57 | 101.5 | 45.0 | 9.5 | 40.3% |
| Hindustan Zinc Ltd. | Mar-23 | 1319 | 302 | 2 | 344 | 291 | 20 | 75.5 | 18.0 | 21.3 | 25.0% |
| Polyplex Corporation Ltd. | Mar-23 | 27 | 774 | 10 | 1644 | 859 | 12 | 88.0 | 104.0 | 164.0 | 11.4% |
| Styrenix Performance Materials Ltd. | Mar-23 | 25 | 1304 | 10 | 1650 | 692 | 95 | 104.0 | 297.0 | 10.0 | 8.0% |
| Sanofi India Ltd. | Mar-23 | 199 | 8029 | 10 | 9370 | 5330 | 262 | 570.0 | 490.0 | 365.0 | 7.1% |
| Nirlon Ltd. | Dec-22 | 39 | 420 | 10 | 475 | 340 | 23 | 26.0 | 26.0 | 8.0 | 6.2% |
| Coal India Ltd. | Mar-23 | 2805 | 417 | 10 | 488 | 208 | 25 | 24.3 | 17.0 | 16.0 | 5.8% |
| Power Grid Corporation Of India Ltd. | Mar-23 | 2739 | 264 | 10 | 297 | 164 | 17 | 14.8 | 14.8 | 12.0 | 5.6% |
| Novartis India Ltd. | Mar-23 | 23 | 895 | 5 | 1224 | 554 | 39 | 47.5 | 10.0 | 10.0 | 5.3% |
| Gujarat State Fertilizers & Chemicals Ltd. | Mar-23 | 88 | 189 | 2 | 322 | 116 | 19 | 10.0 | 2.5 | 2.2 | 5.3% |
| Gujarat Narmada Valley Fertilizers & Chemicals Ltd. | Mar-23 | 93 | 598 | 10 | 815 | 484 | 47 | 30.0 | 10.0 | 8.0 | 5.0% |
| 360 One Wam Ltd. | Mar-23 | 261 | 698 | 1 | 789 | 396 | 16 | 34.5 | 55.0 | 70.0 | 4.9% |
| PTC India Ltd. | Mar-23 | 59 | 167 | 10 | 255 | 84 | 15 | 7.8 | 7.8 | 7.5 | 4.7% |
| Oil & Natural Gas Corporation Ltd. | Mar-23 | 3512 | 255 | 5 | 281 | 147 | 23 | 11.3 | 10.5 | 3.6 | 4.4% |
| Rashtriya Chemicals and Fertilizers Ltd. | Mar-23 | 80 | 120 | 10 | 190 | 90 | 5 | 5.3 | 3.9 | 3.0 | 4.4% |
| VST Industries Ltd. | Mar-23 | 35 | 3549 | 10 | 4328 | 3068 | 182 | 150.0 | 140.0 | 114.0 | 4.2% |
| Banco Products (India) Ltd. | Mar-23 | 48 | 522 | 2 | 733 | 207 | 35 | 22.0 | 20.0 | 2.0 | 4.2% |
| Swaraj Engines Ltd. | Mar-23 | 30 | 2263 | 10 | 2648 | 1396 | 113 | 92.0 | 80.0 | 69.0 | 4.1% |
| Accelya Solutions India Ltd. | Mar-23 | 28 | 1620 | 10 | 2128 | 1068 | 83 | 65.0 | 62.0 | 52.0 | 4.0% |
| CESC Ltd. | Mar-23 | 172 | 112 | 1 | 150 | 62 | 6 | 4.5 | 4.5 | 45.0 | 4.0% |
| Castrol India Ltd. | Mar-23 | 209 | 192 | 5 | 217 | 108 | 9 | 7.5 | 6.5 | 5.5 | 3.9% |
| Tech Mahindra Ltd. | Mar-23 | 1250 | 1277 | 5 | 1416 | 983 | 23 | 50.0 | 45.0 | 45.0 | 3.9% |
| Petronet LNG Ltd. | Mar-23 | 437 | 264 | 10 | 296 | 192 | 23 | 10.0 | 11.5 | 11.5 | 3.8% |
| Redington Ltd. | Mar-23 | 163 | 192 | 2 | 220 | 136 | 13 | 7.2 | 6.6 | 11.6 | 3.8% |
| ITC Ltd. | Mar-23 | 5106 | 422 | 1 | 500 | 370 | 16 | 15.5 | 11.5 | 10.8 | 3.7% |
| Balmer Lawrie & Company Ltd. | Mar-23 | 42 | 206 | 10 | 290 | 109 | 12 | 7.5 | 6.5 | 6.0 | 3.6% |
| Heidelberg Cement India Ltd. | Mar-23 | 47 | 193 | 10 | 247 | 153 | 7 | 7.0 | 9.0 | 8.0 | 3.6% |
| Rites Ltd. | Mar-23 | 184 | 586 | 10 | 826 | 330 | 20 | 20.5 | 17.0 | 13.0 | 3.5% |
| Gujarat Pipavav Port Ltd. | Mar-23 | 100 | 174 | 10 | 219 | 105 | 8 | 6.1 | 4.0 | 4.5 | 3.5% |
| Oil India Ltd. | Mar-23 | 677 | 574 | 10 | 639 | 241 | 49 | 20.0 | 14.3 | 5.0 | 3.5% |
| Chennai Petroleum Corporation Ltd. | Mar-23 | 133 | 777 | 10 | 1036 | 228 | 208 | 27.0 | 2.0 | 0.0 | 3.5% |
| Power Finance Corporation Ltd. | Mar-23 | 1390 | 398 | 10 | 478 | 116 | 42 | 13.3 | 12.0 | 10.0 | 3.3% |
| Gujarat Alkalies And Chemicals Ltd. | Mar-23 | 58 | 707 | 10 | 870 | 556 | 0.12 | 23.6 | 10.0 | 8.0 | 3.3% |
| National Aluminium Company Ltd. | Mar-23 | 306 | 136 | 5 | 170 | 76 | 9 | 4.5 | 6.5 | 3.5 | 3.3% |
| NMDC Ltd. | Mar-23 | 704 | 205 | 1 | 253 | 104 | 22 | 6.6 | 14.7 | 7.8 | 3.2% |
| The Great Eastern Shipping Company Ltd. | Mar-23 | 142 | 910 | 10 | 1043 | 568 | 156 | 28.8 | 9.9 | 9.0 | 3.2% |
| Tide Water Oil Company (India) Ltd. | Mar-23 | 29 | 1399 | 2 | 1831 | 810 | 57 | 42.0 | 55.0 | 300.0 | 3.0% |
| GAIL (India) Ltd. | Mar-23 | 1255 | 169 | 10 | 193 | 102 | 11 | 5.0 | 10.0 | 5.0 | 3.0% |
| HCL Technologies Ltd. | Mar-23 | 4442 | 1632 | 2 | 1697 | 1016 | 43 | 48.0 | 42.0 | 10.0 | 2.9% |
| Thyrocare Technologies Ltd. | Mar-23 | 35 | 615 | 10 | 722 | 416 | 12 | 18.0 | 15.0 | 25.0 | 2.9% |
| Gulf Oil Lubricants India Ltd. | Mar-23 | 52 | 870 | 2 | 1088 | 390 | 58 | 25.0 | 5.0 | 16.0 | 2.9% |
| REC Ltd. | Mar-23 | 1224 | 449 | 10 | 524 | 113 | 49 | 12.6 | 15.3 | 12.7 | 2.8% |
| Oracle Financial Services Software Ltd. | Mar-23 | 674 | 8033 | 5 | 8199 | 3151 | 241 | 225.0 | 190.0 | 200.0 | 2.8% |
| Tata Consultancy Services Ltd. | Mar-23 | 14768 | 4149 | 1 | 4185 | 3070 | 116 | 115.0 | 43.0 | 43.0 | 2.8% |
| IIFL Securities Ltd. | Mar-23 | 47 | 115 | 2 | 181 | 48 | 16 | 3.0 | 3.0 | 1.0 | 2.6% |
| Nippon Life India Asset Management Ltd. | Mar-23 | 323 | 445 | 10 | 543 | 197 | 15 | 11.5 | 11.0 | 8.0 | 2.6% |
| ICICI Securities Ltd. | Mar-23 | 269 | 752 | 5 | 865 | 417 | 44 | 19.0 | 24.0 | 21.5 | 2.5% |
| Quess Corp Ltd. | Mar-23 | 75 | 480 | 10 | 580 | 337 | 13 | 12.0 | 4.0 | 7.0 | 2.5% |
| NHPC Ltd. | Mar-23 | 846 | 78 | 10 | 116 | 39 | 4 | 1.9 | 1.8 | 1.6 | 2.4% |
| PCBL Ltd. | Mar-23 | 109 | 231 | 1 | 343 | 108 | 13 | 5.5 | 10.0 | 7.0 | 2.4% |
| Housing & Urban Development Corporation Ltd. | Mar-23 | 392 | 164 | 10 | 227 | 41 | 10 | 3.9 | 3.5 | 2.2 | 2.3% |
| Torrent Power Ltd. | Mar-23 | 551 | 1136 | 10 | 1235 | 485 | 37 | 26.0 | 9.0 | 11.0 | 2.3% |
| Care Ratings Ltd. | Mar-23 | 35 | 1096 | 10 | 1265 | 610 | 37 | 25.0 | 17.0 | 17.0 | 2.3% |
| NTPC Ltd. | Mar-23 | 3431 | 323 | 10 | 358 | 167 | 17 | 7.3 | 7.0 | 6.2 | 2.2% |
| Hero MotoCorp Ltd. | Mar-23 | 922 | 4512 | 2 | 4980 | 2247 | 191 | 100.0 | 95.0 | 105.0 | 2.2% |
| Sundaram Finance Holdings Ltd. | Mar-23 | 39 | 189 | 10 | 4299 | 2190 | 114 | 4.0 | 2.8 | 0.5 | 2.1% |
| MSTC Ltd. | Mar-23 | 65 | 777 | 10 | 1165 | 240 | 32 | 15.0 | 12.9 | 4.4 | 1.9% |
| Indian Oil Corporation Ltd. | Mar-23 | 2474 | 163 | 10 | 197 | 76 | 32 | 3.0 | 12.6 | 12.0 | 1.8% |
| Welspun Enterprises Ltd. | Mar-23 | 42 | 468 | 10 | 382 | 121 | 26 | 8.5 | 1.5 | 1.5 | 1.8% |
| Bajaj Auto Ltd. | Mar-23 | 2324 | 8385 | 10 | 8650 | 3692 | 246 | 140.0 | 140.0 | 140.0 | 1.7% |
Note: Abnormally High Dividend Yield Stocks are not considered
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Disclaimer: The Information compiled by CEBPL on a best efforts basis from information CEBPL received from third-party vendors, is believed to be reliable. The information may contain errors or omissions and is subject to change without prior or additional notice. CEBPL provides corporate action information that may be of interest or relevance to CEBPL clients. This does not constitute a recommendation or advice by CEBPL, and CEBPL Clients may not rely upon it. CEBPL does not warrant that the information provided is accurate, timely, or complete. CEBPL Clients are urged to verify the information prior to using it in their investing and trading decisions, including, but not limited to, referral to independent financial news resources, company announcements, and regulatory filings or disclosures. “Investment in securities market are subject to market risks, read all the related documents carefully before investing”. Registration granted by SEBI and certification from NISM in no way guarantee the performance of the intermediary or provide any assurance of returns to investors. Name of Compliance Officer- Prashant
Matkar, Email Id – prashant.salian@ChoiceIndia.com, Contact no. 022- 67079999- Ext-896. Name of Grievance Officer-Deepika Singhvi -Email Id- ig@choiceindia.com, Contact no. 022- 67079999- Ext-834. www.choiceindia.com
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