By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Next Gen HeroNext Gen Hero
  • Home
  • Entrepreneurship
  • Fintech
  • News
  • Technology
  • Motivation
Reading: Top 10 Dividend-Paying Stocks
Share
Notification Show More
Latest News
Why Buying Precious Metals Can Be Efficient as a Hedge Against Inflation
Uncategorized
Foot Locker Announces Plan to Close Nearly 400 Mall Stores by 2026
Foot Locker Announces Plan to Close Nearly 400 Mall Stores by 2026
News
Chinese AI Companies Circumventing US Sanctions Through Loopholes
Chinese AI Companies Circumventing US Sanctions Through Loopholes
News
FinTech IPO Index Plummets 4.1% as Oportun and Katapult Stocks Slide
FinTech IPO Index Plummets 4.1% as Oportun and Katapult Stocks Slide
News
Frederick Community College Launches Pitch Competition for Food Business Entrepreneurship Program
Frederick Community College Launches Pitch Competition for Food Business Entrepreneurship Program
News
Aa
Next Gen HeroNext Gen Hero
Aa
  • Home
  • Entrepreneurship
  • Fintech
  • News
  • Technology
  • Motivation
Have an existing account? Sign In
Follow US
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Next Gen Hero > Blog > Entrepreneurship > Rankings > Top 10 Dividend-Paying Stocks
EntrepreneurshipRankings

Top 10 Dividend-Paying Stocks

Mohit Saraswat
Last updated: 2022/10/18 at 9:16 AM
Mohit Saraswat 5 months ago
Share
SHARE

When investing, people often think about the stock price and what return the investment will yield. However, the dividend investors receive for holding the stock is also essential. If you’re looking for an investment opportunity, look no further than stocks that pay dividends to their shareholders. In this article, we will discuss India’s top ten dividend-paying stocks, and we will also discuss how much dividends are paid by them.

Contents
Sectors that are best dividend payersWhy Do Companies Pay Dividends?Top 10 dividend-paying stocks1. Banco products  2. Vedanta3. NMDC4. REC Ltd 5. Oil India6. ONGC 7. Coal India Limited8. H U D C O9. Natl. Aluminum10. Standard Inds. 

Sectors that are best dividend payers

Large companies with predictable profits are usually the best dividend payers; the following sectors hold a regular record of dividend payments: 

  • Oil and gas
  • Healthcare and pharmaceuticals
  • Banks and financial
  • Utilities
  • Basic materials

Why Do Companies Pay Dividends?

The dividend is a kind of bonus that the shareholders will receive from the company. A high-value dividend order indicates that the company is doing good and generating reasonable profits. Dividend payment increases the trust of the shareholders in the company and brings more significant investment in it.

Top 10 dividend-paying stocks

So now we will discuss the companies that have paid high dividends in the last quarter. 

S. No.NameDividend (Rs./share)
1.Banco products20
2. Vedanta19.50
3. NMDC5.52
4.REC. ltd4.80
5.Oil India4.75
6.ONGC3.25
7.Coal India3
8.HUDCO2.75
9.Natl. Aluminum1.50
10.Standard Inds.0.75

Let’s explore more about each of them.

1. Banco products 

Banco products are the first company on the list to provide 20 Rs dividends per share to its Shareholders in the last quarter. Banco Products Ltd is into manufacturing high-quality machine cooling parts and engine sealing gaskets for the automotive. Banco products are now under the leadership of Mehul K. Patel. This corporation had a market capitalization of 1314.16 Cr. last year. 

2. Vedanta

Vedanta Limited is the second company on the list to give its Shareholders an Rs. 19.50 dividend per share in the second quarter of 2022. It has consistently paid its shareholders dividends for the last five years. Vedanta Limited is an Indian multinational mining company that operates in iron ore, gold, and aluminum mines in Rajasthan, Goa, Karnataka, and Odisha. Anil Agarwal is the Non-Executive Chairman of Vedanta Limited. This company had a market capitalization of 100382.9 Cr. last year. 

3. NMDC

Img Src: Home | NMDC Limited

NMDC is the third company on the list to provide Rs.5.52 dividends per share to its Shareholders in the last quarter. NMDC corporation is into other raw materials for the steel industry, like low silica limestone; the Chairman of NMDC is Sumit Deb. This corporation had a market capitalization of 37438.49 Cr. last year. 

4. REC Ltd 

REC Ltd is the fourth company on the list to provide Rs.4.80 dividends per share to its Shareholders in the last quarter. The company is committed to providing finance for rural electrification projects across India. The CMD of REC Ltd is Vivek Kumar Dewangan. This corporation had a market capitalization of 24752.31 Cr. last year. 

5. Oil India

Img Src: Oil India Limited (OIL)| Publications (oil-india.com)

Oil India is the fifth company on the list to pay Rs 14.25 dividends per share to its Shareholders in the last quarter. Oil India Limited is a central public sector company under the Ministry of Petroleum and Natural Gas. OIL manages the business of exploration, expansion, and production of natural gas and crude oil, transportation of crude oil, and production of LPG. The Chairman of OIL is Ranjit Rath. This company had a market capitalization of 18917.45 Cr. last year. 

6. ONGC

ONGC is the sixth company on the list to provide 3.25 Rs dividends per share to its Shareholders in the last quarter. The Oil and Natural Gas Corporation is a central public sector under the Ministry of Petroleum and Natural Gas. Its headquarters are in New Delhi. ONGC was established on 14 August 1956 by the Government of India. This corporation had a market capitalization of 159517.94 Cr. 

7. Coal India Limited

CIL is the seventh company on the list to provide 3 Rs dividends per share to its Shareholders in the last quarter. CIL is an Indian central public sector under the ownership of the Ministry of Coal, Government of India. CIL is the largest government organization in the world’s coal-producing business. This corporation had a market capitalization of 130803.91 Cr. Its headquarters are in Kolkata. 

8. H U D C O

H U D C O is the eighth company on the list to provide 2.75 Rs dividends per share to its Shareholders in the last quarter. The Housing and Urban Development Corporation Limited (HUDCO) is a central public sector under the Ministry of Housing and Urban Affairs, Government of India in India. This organization came into existence on 25 April 1970. This organization had a market capitalization of 7056.7 Cr. 

9. Natl. Aluminum

Natl. Aluminum is the ninth company on the list to provide Rs 6.5 dividends per share to its Shareholders in the last quarter. National Aluminium Company Limited, commonly called NALCO, (started in 1981) and comes under the Ministry of Mines, GOI. It is one of the biggest integrated bauxite–alumina–aluminum–power companies. This corporation had a market capitalization of 13095.18 Cr. last year. 

10. Standard Inds. 

Standard Inds. is the tenth company on the list to provide 0.75 Rs dividends per share to its Shareholders in the last quarter. Standard Industries Limited has consistently been one of the top players to grace the industry, having over a hundred years of understanding in various fields, including textiles and chemicals. This Private limited had a market capitalization of 142.17 Cr. 

Note: What are Dividends?

A dividend is the distribution of a company’s profits to its shareholders. Only the board of directors selects the amount given to their shareholders. It can be paid out as cash or in the form of reinvestment in additional stock.

Mohit Saraswat October 14, 2022
Share this Article
Facebook Twitter Email Print
Avatar
By Mohit Saraswat
Hey! Mohit this side hope you guys are doing well. So basically I am from Agra and completed my schooling from Agra as well as SRGMSSS. I have a keen interest in sports, traveling, photography, and business talk, in meantime, I like to watch cricket; I am a journalism and mass communication student, completed my graduation from IMS Ghaziabad, and am currently pursuing my master's from IGNOU. My interest in different fields is also a reason that right now I am doing content writing. I have around one and a half years of experience in writing. I did internships in my graduating years and in different companies from different sectors like Vacaso Voyages, a travel company, The Indian Express group in the business department, and CC and FMT magazine; all these internships were in content writing or content marketing. My inner child always tries to push me and encourage me to do something related to sports, so now, I am running an Instagram page by the name of @iplupdatesbyms to do something for my childhood passion. That's all about me, hope you get what you are looking for.
Previous Article What are the 10 uses of Computer in Education?
Next Article Does Western Union report to IRS? Why use Western Union?
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Follow US

Facebook Like
Twitter Follow

Popular Posts

Is Zelle safe for Facebook Marketplace or not?
Fintech
Does Petron Accept Gcash?
Fintech
Is Moneygram A Money Order?
Fintech
Does Western Union report to IRS? Why use Western Union?
Fintech
Is Rarible A Good Investment? 
NFT
Different Ways To Buy Bitcoin
Brand Posts Cryptocurrency Fintech

You Might Also Like

Starting Your Own Furniture Business: A Comprehensive Guide

3 months ago

Top 10 Stabilizer Brands In India

3 months ago

8 Ways to Improve Your Business Through Digital Marketing

3 months ago

Is Shoedazzle Legit?

3 months ago

© 2023. nextgenhero.io. All Rights Reserved.

  • Home
  • About Us
  • Contact Us
  • Privacy Policy

Removed from reading list

Undo
Go to mobile version
Welcome Back!

Sign in to your account

Lost your password?