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High Payouts! 5 largecap companies that delivered the highest dividend yields in 2023

Dividend Play
iStock
1/6
Dividend Play
Domestic brokerage Axis Securities in its latest report has listed companies that have delivered solid dividends in 2023. Here’s the list of top 5 dividend-yielding largecap firms in 2023. (CMP as of December 19)
Vedanta
ETMarkets.com
2/6
Vedanta
Industry: Metals & minerals
CMP: Rs 261
Dividend in the past 12 months: Rs 51.5
Dividend Yield (last 12 months): 20%
Hindustan Zinc
ETMarkets.com
3/6
Hindustan Zinc
Industry: Metals & minerals
CMP: Rs 315
Dividend in the past 12 months: Rs 52
Dividend Yield (last 12 months): 17%
Coal India
Agencies
4/6
Coal India
Industry: Metals & minerals
CMP: Rs 348
Dividend in the past 12 months: Rs 24.5
Dividend Yield (last 12 months): 7%
Indian Oil Corporation
ETMarkets.com
5/6
Indian Oil Corporation
Industry: Oil & gas
CMP: Rs 124
Dividend in the past 12 months: Rs 8
Dividend Yield (last 12 months): 6%
Power Grid Corporation of India
Agencies
6/6
Power Grid Corporation of India
Industry: Utilities
CMP: Rs 232
Dividend in the past 12 months: Rs 13.75
Dividend Yield (last 12 months): 6%
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