Top 10 PSUs that paid big in dividends, highest yield at 7%. Check full list
By Nishtha Awasthi, ETMarkets.com |
1/11
Top dividend yield PSU companies
Public Sector Undertakings (PSUs) have long been favored by income-focused investors due to their consistent dividend payouts and strong government backing. Dividends, which represent a share of a company’s profits distributed to shareholders, are an important source of passive income—especially in volatile markets.
The following list, curated by Axis Securities, highlights the top PSU stocks offering the highest dividend yields over the past 12 months. These companies not only ensure stable returns but also reflect financial strength and a commitment to rewarding shareholders.
The following list, curated by Axis Securities, highlights the top PSU stocks offering the highest dividend yields over the past 12 months. These companies not only ensure stable returns but also reflect financial strength and a commitment to rewarding shareholders.
2/11
Coal India
New 52-week low: Rs 357.6 | CMP: Rs 359.15. The stock has decreased by approximately 3% in the last one month.
3/11
Oil and Natural Gas Corporation Ltd (ONGC)
ONGC paid a total dividend of Rs 13.5 per share, translating to a dividend yield of 6% for investors over the past year.
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4/11
Bharat Petroleum Corporation Ltd (BPCL)
BPCL rewarded shareholders with Rs 15.5 per share in dividends, offering a 6% dividend yield over the last 12 months.
5/11
Indian Oil Corporation Ltd (IOC)
Indian Oil Corporation declared Rs 7 per share in dividends, delivering a 5% dividend yield in the past year.
6/11
REC Limited
REC Limited announced a total dividend of Rs 20.4 per share, resulting in a dividend yield of 5%, backed by a strong financial performance.
7/11
Power Finance Corporation Ltd (PFC)
PFC paid Rs 16.25 per share in dividends, contributing to a solid dividend yield of 4%.
8/11
GAIL (India)
Gail (India) distributed Rs 6.5 per share in dividends over the past year, giving investors a dividend yield of 4%.
9/11
Gujarat Mineral Development Corporation (GMDC)
GMDC paid out Rs 9.55 per share in dividends, which translates to a dividend yield of 4%.
10/11
Oil India
Oil India declared Rs 12.5 per share in dividends, offering shareholders a dividend yield of 4%.
11/11
Power Grid Corporation Of India
Power Grid Corporation distributed Rs 10.5 per share in dividends over the last year, resulting in a dividend yield of 4%.
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)