Stocks under ₹200 with high dividend yield: Indian Oil Corporation Limited, PTC India, Central Bank of India, and PTL Enterprises are among top stocks under ₹200 with attractive dividend yield, which is the percentage of a stock’s current market price that company pays investors as dividends in a year.
The metric helps investors to identify stocks with attractive dividend yields and help them earn decent annual dividend income relative to the money they invest.
Indian Oil Corporation has announced a total dividend of ₹8.25 per equity share over the last one year. Considering its annual payout amount, IOCL dividend yield stood at 5.5%.
PTC India has announced a total dividend of ₹31.5 per equity share over the last one year. Its annual dividend yield stood at 19%.
Central Bank of India has announced only Re 1 dividend over the last one year. Its annual yield stood at 2.53%.