Top 5 Highest Dividend Paying Stocks In India

Top 5 Highest Dividend Paying Stocks In India are as follows:

Vedanta Limited

Dividend Paying Stocks In India: Vedanta Limited (Vedanta) is a company in the aluminum sector. The total valuation (market value) of the company is ₹1,16,106 crores. The price of one share of the company is ₹292.65 in BSE market and ₹292.90 in NSE market. Vedanta Limited was established in the year 1965.

As per the report provided by the company, the total income for the last year stood at Rs 38,728 crore and the total sales were Rs 35,858 crore. The company’s net profit stood at Rs-6,732 crore. Vedanta Limited has paid tax of Rs 518 crore in the current year.

PROS:

The company is providing a dividend yield of 15.36%.
It is expected from the company to give good quarter.
Company has made a profit growth of 28.69% CAGR over last 5 years (which is good).
Company’s dividend payout is 32.57% (which is good).

CONS:

Company’s return on equity of 13.45% for last 3 years (which is poor).
Contingent liabilities: Rs.38066.00 Cr.
Promoters have pledged 99.99% of their holding.

PNB Gilts Limited

Dividend Paying Stocks In India: PNB Gilts Limited (PNB Gilts) is a company in the finance (including NBFC) sector. The total valuation (market value) of the company is ₹ 1,169 crore. The price of one share of the company is ₹ 65.30 in BSE market and ₹ 65.30 in NSE market. PNB Gilts Limited was established in the year 1996.

As per the report provided by the company, the total income for the last year was Rs.885.154 crore and the total sales were Rs.884.394 crore. The net profit of the company stood at Rs 186.355 crore. PNB Gilts Limited has paid tax of Rs -52.984 crore in the current year.

PROS:

Company’s Stock is trading at 0.82 times its book value
Company is giving a good dividend yield of 15.31%.
Company’s dividend payout is 40.98% (which is good).
The company’s average sales growth is 19.24% of last 10 years

CONS:

The company interest coverage ratio is low.

Hinduja Global Solutions Limited

Dividend Paying Stocks In India: Hinduja Global Solutions Limited (Hinduja Global Soln.) is a BPO/KPO sector company. The total valuation (market value) of the company is ₹3,671 crore. The price of one share of the company is ₹ 850.85 in BSE market and ₹ 850.75 in NSE market. Hinduja Global Solutions Limited was established in the year 1995.

As per the report provided by the company, the total income for the last year stood at Rs 2,506.935 crore and the total sales stood at Rs 2,381.393 crore. The company’s net profit stood at Rs 251.725 crore. Hinduja Global Solutions Limited has paid tax of Rs -109.962 crore in the current year.

PROS:

The company is giving a good dividend yield of 13.11%.
Company has a profit growth of 28.50% CAGR over last 5 years (which is good).
Company has a healthy dividend payout of 19.10%.

CONS:

Sales growth of the company is 10.97% over past five years (which is poor).
Earnings include an other income of Rs.342.66 Cr.

Rural Electrification Corporation Limited

Dividend Paying Stocks In India: Rural Electrification Corporation Limited (REC) is a finance (including NBFC) sector company. The total valuation (market value) of the company is ₹22,879 crore. The price of one share of the company is ₹114.05 in BSE market and ₹114.00 in NSE market. Rural Electrification Corporation Limited was established in the year 1969.

As per the report provided by the company, the total income for the last year stood at Rs.29,876.85 crore and the total sales were Rs.29,791.06 crore. The company’s net profit stood at Rs 4,886.16 crore. Rural Electrification Corporation Limited has paid tax of Rs -1,731.97 crore in the current year.

PROS:

The company’s stock is trading at 0.44 times its book value
company is providing a healthy dividend yield of 11.15%.
Company’s dividend payout is 34.59% (which is good).

CONS:

Company’s interest coverage ratio is low.
Company can capitalize the interest cost

NMDC Limited

Dividend Paying Stocks In India: NMDC Limited (NMDC) is a company in the excavation sector. The total valuation (market value) of the company is ₹40,295 crore. The price of one share of the company is ₹ 136.10 in BSE market and ₹ 136.10 in NSE market. NMDC Limited was established in the year 1958.

As per the report provided by the company, the total income for the last year stood at Rs.12,213.01 crore and the total sales were Rs.11,699.22 crore. The company’s net profit stood at Rs 3,610.12 crore. NMDC Limited has paid tax of Rs.-2,304.68 crore in the current year.

PROS:

Company’s debt are going down.
Company is going to be debt free soon.
Company’s stock is trading at 1.13 times its book value
Company is giving a healthy dividend yield of 10.83%.
It is expected from the company to give good quarter.
Company’s profit growth of 19.78% CAGR over last 5 years (which is good).
Company’s dividend payout of 39.39%.

CONS:

Promoter holding has decreased to 11.49% over last 3 years.

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