10 Highest Dividend Paying Stocks With Pros & Cons

Highest Dividend Paying Stocks: we all love when a company pays dividends regularly as it shows that the company is growing and making profits every year which boosts the confidence of its shareholders and attracts more shareholders. (Highest Dividend Paying Stocks)

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Ever wondered which are the highest dividend-paying companies in India? well, today we have the 10 Highest dividend-paying companies in India. (Highest Dividend Paying Stocks)

Highest Dividend Paying Stocks

Highest Dividend Paying Stocks

Highest Dividend Paying Stocks

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Highest Dividend Paying Stocks: Below are the 10 Highest Dividend Paying Stocks according to the average of last 5 years:

S. NO.CompanyDividend Per Share (Last 5Yr Avg.)Dividend Yield (Last 5yr Avg.) %
1Coal India Limited (CIL)21.687.85%
2HCL Tech53.116.25%
3HPCL22.385.44%
4REC8.515.31%
5NMDC6.365.07%
6SBI13.834.20%
7ONGC7.233.97%
8BPCL19.193.89%
9Hindustan Zinc10.923.53%
10Infosys32.693.44%
Highest Dividend Paying Stocks

Below are Highest Dividend Paying Stocks with Pros & Cons:

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Coal India Limited (CIL)

BSE533278 
NSECOALINDIA

Highest Dividend Paying Stocks: Coal India Limited is a coal sector company. The total valuation (market value) of the company is ₹ 1,22,114 crores. The price of one share of the company is ₹ 197.00 in the BSE market and ₹ 197.00 in the NSE market. Coal India Limited was established in the year 1973.

As per the report provided by the company, the total income for the last year stood at Rs.12,521.15 crore and the total sales were Rs.954.82 crore. The company’s net profit stood at Rs 11,280.88 crore. Coal India Limited has paid tax of -74.64 crores in the current year.

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PROS

  • Company has reduced debt.
  • Company is almost debt free.
  • Stock is providing a good dividend yield of 8.12%.
  • Company has a good return on equity (ROE) track record: 3 Years ROE 45.19%
  • Company has been maintaining a healthy dividend payout of 60.75%
  • Debtor days have improved from 57.37 to 37.82 days.

CONS

  • The company has delivered a poor sales growth of 7.02% over past five years.
  • Promoter holding has decreased over last 3 years: -4.83%

HCL Tech

BSE532281
NSEHCLTECH

Highest Dividend Paying Stocks: HCL Technologies Limited is an IT consulting and software sector company. The total valuation (market value) of the company is ₹2,82,126 crores. The price of one share of the company is ₹1,042.60 inthe BSE market and ₹1,043.00 in the NSE market. HCL Technologies Limited was established in the year 1991.

As per the report provided by the company, the total income for the last year stood at Rs 33,193 crore and the total sales stood at Rs 32,606 crore. The company’s net profit stood at Rs 8,969 crore. HCL Technologies Limited has paid tax of Rs -1,751 crore in the current year.

PROS

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  • Company is almost debt free.
  • Stock is providing a good dividend yield of 3.07%.
  • Company has been maintaining a healthy dividend payout of 45.80%
  • Company’s median sales growth is 16.96% of last 10 years

CONS

HPCL

BSE500104
NSEHINDPETRO

Highest Dividend Paying Stocks: Hindustan Petroleum Corporation Limited (HPCL) is a petro-products refinery sector company. The total valuation (market value) of the company is ₹32,924 crore. The price of one share of the company is ₹ 233.00 in the BSE market and ₹ 232.90 in the NSE market. HPCL was established in the year 1952.

As per the report provided by the company, the total income for the last year stood at Rs 2,70,604.58 crore and the total sales stood at Rs 2,68,766.41 crore. The company’s net profit stood at Rs 2,637.26 crore. Hindustan Petroleum Corporation Limited has paid tax of Rs -1,722.94 crore in the current year.

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PROS

  • Stock is trading at 0.80 times its book value
  • Company is expected to give good quarter
  • Company has been maintaining a healthy dividend payout of 38.18%

CONS

  • Company might be capitalizing the interest cost
  • Earnings include an other income of Rs.3896.97 Cr.

REC

BSE532955
NSERECLTD

Highest Dividend Paying Stocks: Rural Electrification Corporation Limited (REC) is finance (including NBFC) sector company. The total valuation (market value) of the company is ₹23,866 crore. The price of one share of the company is ₹119.15 in the BSE market and ₹119.15 in the NSE market. REC 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

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  • Stock is trading at 0.46 times its book value
  • Stock is providing a good dividend yield of 10.67%.
  • Company has been maintaining a healthy dividend payout of 34.59%

CONS

  • Company has low interest coverage ratio.
  • Company might be capitalizing the interest cost

NMDC

BSE526371
NSENMDC

Highest Dividend Paying Stocks: NMDC Limited is a company in the excavation sector. The total valuation (market value) of the company is ₹37,438 crore. The price of one share of the company is ₹ 126.80 in the BSE market and ₹ 126.85 in the NSE market. NMDC 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 is almost debt free.
  • Stock is trading at 1.07 times its book value
  • Company is expected to give good quarter
  • Company has delivered good profit growth of 29.42% CAGR over last 5 years
  • Company has been maintaining a healthy dividend payout of 33.03%
  • Debtor days have improved from 53.95 to 41.66 days.

CONS

  • Promoter holding has decreased over last 3 years: -11.49%

SBI

BSE500112
NSESBIN

Highest Dividend Paying Stocks: State Bank of India (SBI) is a bank sector company. The total valuation (market value) of the company is ₹4,19,233 crore. The price of one share of the company is ₹ 464.30 in the BSE market and ₹ 464.50 in the NSE market. SBI was established in the year 1806.

As per the report provided by the company, the total income for the last year stood at Rs 3,02,545.07 crore and the total sales stood at Rs 2,57,323.592 crore. The company’s net profit stood at Rs 14,488.111 crore. State Bank of India has paid tax of Rs -13,102.327 crore in the current year.

PROS

  • Company has delivered good profit growth of 166.64% CAGR over last 5 years

CONS

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of 4.70% over past five years.
  • Company has a low return on equity of 10.06% for last 3 years.
  • Contingent liabilities of Rs.1770797.16 Cr.
  • Company might be capitalizing the interest cost
  • Earnings include an other income of Rs.109582.01 Cr.

ONGC

BSE500312
NSEONGC

Highest Dividend Paying Stocks: Oil and Natural Gas Corporation Limited (ONGC) is a company in the exploration and production sector. The total valuation (market value) of the company is ₹ 1,91,849 crore. The price of one share of the company is ₹151.55 in the BSE market and ₹151.60 in the NSE market. ONGC was established in the year 1993.

As per the report provided by the company, the total income for the last year stood at Rs 1,15,701.205 crore and the total sales were Rs 96,213.609 crore. The company’s net profit stood at Rs 13,444.544 crore. Oil and Natural Gas Corporation Limited has paid tax of Rs -6,664.547 crore in the current year.

PROS

  • Stock is trading at 0.73 times its book value
  • Stock is providing a good dividend yield of 4.78%.
  • Company is expected to give good quarter
  • Company has been maintaining a healthy dividend payout of 38.37%

CONS

  • Promoter holding has decreased over last quarter: -1.50%
  • Tax rate seems low
  • Company has a low return on equity of 11.70% for last 3 years.
  • Contingent liabilities of Rs.71230.23 Cr.

BPCL

BSE500547
NSEBPCL

Highest Dividend Paying Stocks: Bharat Petroleum Corporation Limited (BPCL) is a petro-products refinery sector company. The total valuation (market value) of the company is ₹71,433 crore. The price of one share of the company is ₹ 328.10 in the BSE market and ₹ 328.15 in the NSE market. BPCL was established in the year 1952.

As per the report provided by the company, the total income for the last year stood at Rs 2,87,649.71 crore and the total sales stood at Rs 2,84,382.95 crore. The company’s net profit stood at Rs 2,683.19 crore. Bharat Petroleum Corporation Limited has paid tax of Rs -1,235.5 crore in the current year.

PROS

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  • Company is expected to give good quarter
  • Company has been maintaining a healthy dividend payout of 79.22%

CONS

  • The company has delivered a poor sales growth of 11.50% over past five years.
  • Company might be capitalizing the interest cost

Hindustan Zinc

BSE500188
NSEHINDZINC

Highest Dividend Paying Stocks: Hindustan Zinc Limited (Hindustan Zinc) is a company in the zinc sector. The total valuation (market value) of the company is ₹ 1,29,125 crore. The price of one share of the company is ₹ 299.50 in the BSE market and ₹ 299.70 in the NSE market. Hindustan Zinc was established in the year 1966.

As per the report provided by the company, the total income for the last year was Rs 20,495 crore and the total sales were Rs 18,561 crore. The company’s net profit stood at Rs 6,805 crore. Hindustan Zinc Limited has paid tax of Rs-1,135 crore in the current year.

PROS

  • Company has reduced debt.
  • Company is almost debt free.
  • Stock is providing a good dividend yield of 7.11%.
  • Company is expected to give good quarter
  • Company has been maintaining a healthy dividend payout of 98.06%

CONS

  • The company has delivered a poor sales growth of 11.25% over past five years.
  • Promoters have pledged 86.05% of their holding.

Infosys

BSE500209
NSEINFY

Highest Dividend Paying Stocks: Infosys Technologies Limited (Infosys) is a company in the IT consulting and software sector. The total valuation (market value) of the company is ₹ 6,34,440 crore. The price of one share of the company is ₹ 1,522.00 in BSE market today and ₹ 1,521.70 in NSE market today. The company was established in the year 1981.

As per the report provided by the company, the total income for the last year stood at Rs 82,275 crore and the total sales stood at Rs 79,047 crore. The company’s net profit stood at Rs 15,543 crore. Infosys Technologies Limited has paid tax of Rs -3,881 crore in the current year.

PROS

  • Company is almost debt free.
  • Company has a good return on equity (ROE) track record: 3 Years ROE 27.24%
  • Company has been maintaining a healthy dividend payout of 54.29%

CONS

  • Stock is trading at 8.50 times its book value
  • Promoter holding is low: 13.11%

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Disclaimer

The markets have become extremely volatile, therefore investors should exercise caution. Neither TeknikalRaman.com nor the author is liable for any losses incurred as a result of a decision made after reading the aforementioned material. Every effort has been taken to offer factual information, and before investing in the markets, readers should be aware of the associated risks. The author and his family do not own stock in any of the firms mentioned.

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