
In the last year, several large-cap companies in India have emerged as attractive picks for dividend-seeking investors, with Vedanta Ltd topping the list by offering a substantial 12% dividend yield. According to Axis Securities, other strong contenders include Hindustan Zinc, Coal India, ONGC, and BPCL.
Vedanta’s high dividend payout stems from multiple interim dividends declared during FY 2024-25. The company paid ₹43.5 per share in total, including a notable ₹20 dividend in September 2024 and ₹8.5 in December 2024, alongside earlier payments in May and August.
Hindustan Zinc, a subsidiary of Vedanta, rewarded its shareholders with a dividend yield of 7%, paying out ₹29 per share over the past 12 months. Similarly, Coal India also recorded a 7% yield, distributing ₹26.35 per share in the same period.
Oil and Natural Gas Corporation (ONGC) followed with a 6% dividend yield, having given ₹13.5 per share in dividends over the last year. Bharat Petroleum Corporation Ltd (BPCL) also provided a yield of 6%, paying ₹15.5 per share.
Dividend yield, a key financial metric, reflects how much a company pays out in dividends relative to its stock price and is especially appealing in volatile markets. Generally, yields above 3–5% are considered healthy, making these stocks noteworthy for income-focused investors.
Overall, these five large-cap companies stand out for delivering consistent and impressive dividend returns, offering investors a combination of income stability and large-cap security in uncertain economic times.
Tags:
Post a comment
Raise Your Glass? Not Yet: Beer Prices May Rise Again
- 10 Jan, 2025
- 2
Ramesh Damani recalls India's true 'Tryst with Destiny' starting with...
- 28 Dec, 2024
- 1
Breaking records! Bengaluru launches its largest Cargo hub.
- 28 Feb, 2025
- 2
Graphic designer becomes auto driver after struggling to find a...
- 03 Jan, 2025
- 1
China, HK Stocks Climb on Optimism Ahead of Policy Meetings
- 03 Mar, 2025
- 2
Categories
Recent News
Daily Newsletter
Get all the top stories from Blogs to keep track.