Domestic brokerage firm Axis Direct’s latest report highlights companies that have consistently rewarded shareholders with strong payouts over the past year. A dividend yield is a financial ratio that shows how much a company pays out in dividends each year relative to its stock price. It is a key metric for investors, particularly those focused on income generation, as it indicates the return on investment strictly from dividends. Here’s the full list.
Vedanta has a dividend yield of 7%, with dividends of Rs 16 per share over the past 12 months. The stock's current market price (CMP) is Rs 225, while its market capitalisation stands at Rs 87,000 crore.
Coal India offers a dividend yield of 7%, having paid Rs 26.5 per share in dividends over the past 12 months. The stock trades at Rs 396, with a market capitalisation of Rs 2.44 lakh crore.
Indian Oil Corporation has a dividend yield of 6%, with dividends of Rs 8.3 per share over the past 12 months. The stock, currently trading at about Rs 128, has market capitalisation of Rs 1.81 lakh crore.
Bharat Petroleum Corporation offers a dividend yield of 6%, having paid Rs 17.5 per share in dividends over the past 12 months. The stock trades at Rs 279, with a market capitalisation of Rs 1.21 lakh crore.