High Dividend Paying Stocks In India

A dividend is the best part of Investing.

Investors who invest in a particular company for 5-10yr or lifetime. During this period stock return fluctuated but until you sell that stock you don’t get anything.

Here dividends come & help the investor to earn some amount during this holding period.

What is Dividend?

A dividend is an amount that companies distribute from their profit to their shareholders. Dividend amount directly transfer to your bank account linked with your Demat account.

So in this article, we are going to see such type of stocks which gives more than a 3% return in a year as a dividend.

And also gives a positive return over past years. Because basically, 90% of stocks that are giving high dividends give negative returns.

12 High Dividend Paying Stocks In India

1. Vedanta

Here is our 1st stock which has a 19.43% dividend yield.

Vedanta Ltd. deals with the Mining / Minerals / Metals segment.

Some time ago the company going to delist from the stock market but it failed.

In May 2020, Vedanta’s promoters announced a delisting offer at Rs 87.5 per share. At that time stock was trading at 80-90. But now its current market price is ₹ 262.

After that stock price surged to ₹432 (Apr 6, 2022) from 90 which is almost 400% return. And given a dividend of ₹105.50 till now from there.

So you can understand if it was delisted then what shareholder actually missing?

Almost every quarter it gives dividends. For dividend investors, it is one of the best stocks in my view.

2. Hinduja Global Solutions Ltd

Hinduja Global Solutions Ltd has a dividend yield of 18.06 %.

It is also belongs to IT sector.

Company giving dividends since 2007. And almost every quarter it gives dividends to its shareholders.

So far it gives a total dividend of ₹178 in 2022.

In the last 5years stock gives a return of 435%.

3. Allsec Technologies Ltd

Allsec Technologies Ltd has a dividend yield of 9.00%.

Company belongs to IT outsourcing.

Company giving dividends since 2006.

In the last 5 years, it gives a 44.86% return so far. But before this recent fall, it gives almost 100% return. In the last 30 days, it gives a 16.50% return.

4. Goodyear India Ltd

Goodyear India Ltd has a dividend yield of 9.69 %.

Company belongs to Tyres sector.

Company giving dividends since 2007.

So far it gave ₹100 dividends in 2022.

In the last 5 years stock gives a return of 22%.

5. Pnb Gilts Ltd

PNB Gilts Ltd has a dividend yield of 7.09 %.

Company dealing with the Finance sector.

Company giving dividends since 2001.

In the last 5 years stock gives a return of 35%. And in last 10 years 360% return.

6. Nirlon

Nirlon Ltd has a dividend yield of 7.09 %.

Company belongs to Realty sector.

Company giving dividends since 2002.

So far it gave ₹15 dividends in 2022.

In the last 5 years stock gives a return of 61.50%. And in last 10 years 750% return.

7. PTL Enterprises Ltd

PTL Enterprises Ltd has a dividend yield of 6.59 %.

It became an associate company of Apollo Tyres Ltd (ATL) in 1995, when Premier Tyres’ tyres and tubes manufacturing facility in Kalamassery, Kerala, was acquired by Apollo.

Company giving dividends since 2008.

So far it gave ₹2 dividends in 2022.

In the last 5years stock gives a return of 51.50%. And in last 10 years 200% return.

8. Ador Fontech Ltd

Shree Digvijay Cement Co. Ltd has a dividend yield of 5.48 %.

Company belongs to the Industrial Machinery sector.

Company giving dividends since 2001.

So far it gave ₹4 dividends in 2022.

In the last 5years stock gives a return of 50.54%. And in last 10 years 110% return.

9. Shree Digvijay Cement

Shree Digvijay Cement Co. Ltd has a dividend yield of 5.48 %.

Company belongs to the Cement sector.

Company giving dividends since 2020.

So far it gave ₹2 dividends in 2022.

In the last 5 years stock gives a return of 277.81%.

10. ITC

ITC Ltd has a dividend yield of 3.73 %.

Company belongs to the FMGC sector but also has much more different sector business.

Company giving dividends since 2001.

So far it gave ₹11.50 dividends in 2022.

In the last 5 years stock gives a return of 13.75%. And in last 10 years 80% return.

ITC is one of the favorite stocks of retail investors.

11. Godawari Power

Godawari Power & Ispat Ltd has a dividend yield of 3.35 %.

Company belongs to Iron & Steel sector.

Company giving dividends since 2006.

In the last 5 years stock gives a return of 890%. And in last 10 years 1400% return.

12. Sonata Software

Sonata Software Ltd has a dividend yield of 3.05 %.

Company belongs to IT sector.

Company giving dividends since 2000.

So far it gave ₹13 dividends in 2022.

In the last 5 years stock gives a return of 350%. And in last 10 years 4370% return.

Conclusion

So here we discussed 12 High Dividend Paying Stocks In India which give regular dividends with a good return also.

Do you have any of them in your portfolio?

I know you have 1 for sure.

That is ITC 😉

I personally hold ITC. No doubt it’s a gem stock.

If you want to know more about high dividend yield stocks then you can read our High Dividend Yield Stocks article.

And if you want to know about the latest & upcoming dividend updates then visit our Dividend Updates Page.

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