Forget about including these 10 stocks in your portfolio, Dividend will keep earning bumper top 10 high dividend yield stocks, Vedanta, NMDC, IOC, REC, HUDCO, NALCO

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Forget about including these 10 stocks in your portfolio, Dividend will keep earning bumper top 10 high dividend yield stocks, Vedanta, NMDC, IOC, REC, HUDCO, NALCO


Photo:India TV high dividend yield stocks

Good days are not going on for share market investors. Due to global uncertainty, there is a sell-off in the markets around the world. The Indian market is no exception to this. Due to this, the shares of most companies have fallen since the beginning of this year. All types of investors have suffered due to the fall. However, during this crisis, there are many such stocks that are making good earnings for the investors. They are earning their investors from Dividend. In such a situation, if you are an investor and want to invest in a stock for a long time, then you can bet on these 10 stocks. You will easily be able to earn dividend every quarter without expecting the stock to rise.

  1. Vedanta: Data from Motilal Oswal shows that Vedanta’s dividend payout to shareholders has increased in the last three financial years. The company had paid a dividend of ₹3.9 per share in FY15, which increased to ₹9.5 per share in FY15, and further increased to ₹45 per share in FY22.
  2. NMDC: The dividend yield of NMDC, a government-owned mineral producer, is around 12.1% till FY22. The company had paid a dividend of ₹ 14.7 per share to its shareholders in FY 2022, as against ₹ 7.8 per share in FY 2021 and ₹ 5.3 per share in FY 2010.
  3. Indian Oil Corp: The Oil Marketing Company’s dividend yield is around 11.8% at the end of FY 2012. Dividend of ₹8.4 per share was paid in FY22 as compared to ₹8 per share in FY21 and ₹2.8 per share in FY20.
  4. INEOS Styrolution: The specialty chemical company has paid dividend at the rate of 11.4 per cent till FY 2022. The small-cap stock paid a dividend of Rs 105 per share during FY 2022 which is ten times higher than 10 per share in FY 2011.
  5. SAIL: In the financial year 2022, the state-owned steel company has paid dividend at the rate of 10.8 per cent. Its dividend stood at ₹8.8 per share in FY22 as compared to ₹2.8 per share in the previous fiscal.
  6. Power Finance Corporation: India’s largest infrastructure finance company, PFC has a dividend yield of 10.2% in FY22. The company paid dividend of ₹12 per share in FY22, as against ₹10 per share in FY21 and ₹9.5 per share in FY20.
  7. 7REC LimitedPFC-backed financial services provider REC in the power sector gave 9.3 per cent dividend in FY22. The company paid ₹10 per equity share in FY 2021-22. However, lower than ₹11 per share in 2021 but higher than ₹8.3 per share in 2020.
  8. HUDCO: State-owned HUDCO, which provides services in housing finance and plays a role in urban infrastructure development, paid a dividend of 8.5 per cent at the end of FY22. The company’s dividend was ₹ 3.5 per share in FY 2022 which is higher than ₹ 2.2 per share dividend in FY 2021 but less than ₹ 3.1 per share dividend in FY 2020.
  9. National Aluminum (NALCO): NALCO, a state-owned firm with diversified operations in mining, metals and power sector, paid dividend at 8.4 per cent till the end of FY 2022. The company’s dividend was Rs 6.5 per share in FY 2022.
  10. Hinduja Global Solutions: IT Services Management Company, HGS has paid dividend at the rate of 8.3 per cent in FY 2022. The company’s dividend was 9.5 times higher in FY 2022 as compared to 2021, the company paid a dividend of ₹124 per share.

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