ET 500 2011: India's top dividend payers

It has been a year in which the best of Indian corporates have chosen to conserve cash rather than invest because of the crippling global uncertainty and policy inertia at home. India’s top companies, excluding banks, are sitting on a cash pile of over $46 billion or Rs 4.7 lakh crore which in normal times could have been used to build power plants, airports and roads. To most, it was a wasted year.

At a time when our home-grown companies are talking of investing overseas, put off by local hurdles, we have revisited the issue of domestic groups taking their best practices to the world. Besides featuring the fastest growing companies in the universe of ET 500, the edition also identifies the new growth drivers for financial services providers in the decade ahead.

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There are companies which have paid big dividend. Here is the listing of India’s top dividend payers: