When you are looking to invest for the long term in the share market, it is advisable to invest in the most dividend paying company in India. There are many consistent dividend paying stocks in India. The best dividend stocks in India are those that give share in their profits to the shareholders on a regular basis. Below is the list of good dividend paying stocks in India:
#1. Castrol India Ltd.
This company belongs to the chemicals sector. The dividend per share is Rs. 6.6 and dividend yield is 3.2%. The average 5 year yield is 2.5%.
#2. Greaves Cotton Ltd.
This company belongs to the auto ancillary sector. The dividend per share is Rs. 5.2 and dividend yield is 4.4%. The average 5 year yield is 3.6%.
#3. Hero MotoCorp Ltd.
This company belongs to the automobiles sector. The dividend per share is Rs. 102.2 and dividend yield is 2.8%. The average 5 year yield is 3.1%.
#4. Hindustan Petroleum Corp Ltd.
This company belongs to the oil, gas & consumable fuels sectors. The dividend per share is Rs. 16.7 and dividend yield is 4.7%. The average 5 year yield is 4.9%.
#5. Vedanta Ltd.
The company belongs to the metals sector. The dividend yield of the company is 10.18% and has a payout ratio of 36%.
#6. Infosys Ltd.
This company belongs to the IT service sector. The dividend per share is Rs. 33.5 and dividend yield is 2.9%. The average 5 year yield is 2%.
#7. Karnataka Bank Ltd.
This company belongs to the banking sector. The dividend per share is Rs. 4.5 and dividend yield is 3.8%. The average 5 year yield is 3.7%.
#8. Power Finance Corp Ltd.
This company belongs to the diversified financial services sector. The dividend per share is Rs. 7.4 and dividend yield is 8.4%. The average 5 year yield is 6.3%.
#9. PTC India Ltd.
This company belongs to the independent power trading sector. The dividend per share is Rs. 4 and dividend yield is 4.3%. The average 5 year yield is 2.9%.
#10. VST Industries Ltd.
This company belongs to the tobacco sector. The dividend per share is Rs. 110 and dividend yield is 3.6 %. The average 5 year yield is 4.3%.
#11. Coal India Ltd.
This company belongs to the mineral and mining sector. The dividend per share is Rs. 5.85 and dividend yield is 6.38 %. The average 5 year yield is 7.85%.
#12. National Aluminium Company Ltd.
This company belongs to the mineral and mining sector. The dividend per share is Rs. 1.25 and dividend yield is 12.95 %. The average 5 year yield is 7.16%.
The above are the highest dividend paying companies in India. Most dividend paying companies in India are large-cap. If you want more knowledge about dividend paying companies, you must regularly visit our blogs on Market control. We give free stock market knowledge and regularly update the website to ensure that as an investor you can make good returns in the long run.
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