Home Stock Analysis Highest Dividend Paying Stocks in India 2021 | Yield % NSE

Highest Dividend Paying Stocks in India 2021 | Yield % NSE

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Here you can find the List of Highest Dividend Paying Stocks in India 2021 [Yield % NSE]. There are Many Companies in India that are paying dividends regularly to stake holders.

The Stocks Given below are based on dividend that are paid during the last 5 years [Average Yield %] and also based on the size of the Company.

List of Highest Dividend Paying Stocks in India

So here is the list of high dividend yield stocks which are sorted out based on the average yield in the last 5 years.

1. Coal India Ltd

Dividend Yield Per Annum: 13.6% [5 year AVG]

Coal India Limited (CIL) the state owned coal mining corporate came into being in November 1975. With a modest production of 79 Million Tonnes (MTs) at the year of its inception CIL today is the single largest coal producer in the world and one of the largest corporate employer with manpower of 272445 (as on 1st April, 2020).

CIL functions through its subsidiaries in 84 mining areas spread over eight (8) states of India. Coal India Limited has 352 mines (as on 1st April, 2020) of which 158 are underground, 174 opencast and 20 mixed mines.

CIL further operates 12 coal washeries, (10 coking coal and 2 non-coking coal) and also manages other establishments like workshops, hospitals, and so on. CIL has 26 training Institutes and 84 Vocational Training Centres.

Indian Institute of Coal Management (IICM) as a state-of-the-art Management Training ‘Centre of Excellence’ – the largest Corporate Training Institute in India – operates under CIL and conducts multi -disciplinary programmes.

2. Hindustan Zinc Ltd

Dividend Yield Per Annum: 11.9% [5 year AVG]

Hindustan zinc Ltd is the Top zinc Production companies in India. Hindustan Zinc is India’s largest and world’s second largest zinc-lead miner. Read more about Top zinc Production Companies in India.

3. Clariant Chemicals Ltd

Dividend Yield Per Annum: 10.9% [5 year AVG]

As one of the world’s leading specialty chemical companies, Clariant contributes to value creation with innovative and sustainable solutions for customers from many industries.

4. Vedanta Limited

Dividend Yield Per Annum: 9.9% [5 year AVG]

Vedanta Limited is one biggest company from Vedanta Group. The Company has a good Management. ROE of the Company is around 15% which is a par business in terms of Return.

5. NLC India Ltd

Dividend Yield Per Annum: 9.5% [5 year AVG]

NLC India Limited is a government owned Company which is situated at Neyveli. The Government of India has a 79% stake in the Company. The Company has a ROE of 11%. The Sales Growth for the Company is almost flat for the last 5 years.

6. Oil India Limited

Dividend Yield Per Annum: 8.9% [5 year AVG]

Oil India Limited is also a Government owned company which the government of India has around 57% Stake in the Company. The Company return of equity is around 13%. The sales growth of the Company is almost flat for the last 8 years.

7. D B Corp Ltd

Dividend Yield Per Annum: 8.4% [5 year AVG]

D B Corp Ltd. is present in 11 states in Hindi Market. Besides the company is also present in 2 states in Gujarati language in Gujarat and Maharashtra and 1 state in Marathi language in Maharashtra.

D B Corp has presence in 12 states with 65 editions in 3 different languages namely Hindi, Gujarati and Marathi.

Dainik Bhaskar newspaper continues to be the Nation’s largest circulated multi-edition Daily, as per Press In India Report 2017-18 prepared by the Registrar of Newspapers of India (RNI).

D B Corp Ltd. is largest print media company of India, publishing 46 editions of Dainik Bhaskar Newspaper (Hindi daily), 9 editions of Divya Bhaskar Newspaper (Gujarati Daily), 6 editions of Divya Marathi Newspaper (Marathi Daily) and 211 sub-editions in three languages (Hindi, Gujarati and Marathi) in 12 states in India.

8. National Aluminum Company Ltd

Dividend Yield Per Annum: 8.3% [5 year AVG]

National Aluminium Company is engaged in the business of manufacturing and selling of Alumina and Aluminium. The Company is operating a 22.75 lakh TPA Alumina Refinery plant located at Damanjodi in Koraput district of Odisha and 4.60 lakh TPA Aluminium Smelter located at Angul, Odisha.

The Company return on Equity is low at 2% which is concern for return. The big advantage is the company has zero debt with good track record of Paying Dividend.

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