A dividend is a payment made by a corporation to its shareholders. It is typically paid out of the company's profits and is distributed on a regular basis, such as quarterly or annually. Dividends can be paid in cash or in the form of additional shares of stock.
There are several ways to screen for dividend-yielding stocks:
Look for companies with a history of paying dividends: Companies that have consistently paid dividends in the past are more likely to continue paying dividends in the future.
Consider the dividend yield: This is the annual dividend divided by the stock price. A high dividend yield may indicate that the company is generating strong cash flow and is able to pay out a larger portion of its profits to shareholders.
Look for companies with a low payout ratio: This is the percentage of earnings that are paid out as dividends. A low payout ratio may indicate that a company has room to increase its dividends in the future.
Consider the company's financial health: Look for companies with strong balance sheets and steady earnings growth. These companies are more likely to be able to sustain their dividend payments over time.
Consider the company's industry: Some industries, such as utilities and telecoms, tend to have higher dividend yields.
Remember, past performance is not necessarily indicative of future results, and it is important to carefully evaluate the financial health and prospects of any company before investing. It is also a good idea to diversify your portfolio to reduce risk.
Table: Top dividend yielding stocks in Indian Market.
S.No. |
Name |
CMP Rs. |
P/E |
Mar Cap Rs.Cr. |
Div Yld % |
NP Qtr Rs.Cr. |
Qtr Profit Var % |
Sales Qtr Rs.Cr. |
Qtr Sales Var % |
ROCE % |
Payout ratio % |
Profit Var 3Yrs % |
1. |
RSWM Ltd |
186.90 |
3.44 |
880.33 |
13.38 |
20.13 |
-55.02 |
953.79 |
0.08 |
18.20 |
23.91 |
94.45 |
2. |
Banco Products |
199.55 |
9.94 |
1427.15 |
10.02 |
51.73 |
5.08 |
627.92 |
14.40 |
23.54 |
93.82 |
30.07 |
3. |
REC Ltd |
125.55 |
3.22 |
33060.13 |
9.14 |
2732.12 |
1.48 |
9955.99 |
-0.92 |
9.11 |
30.11 |
20.37 |
4. |
Coal India |
214.95 |
5.07 |
132467.85 |
7.91 |
6043.99 |
106.07 |
29838.07 |
28.11 |
54.29 |
60.36 |
-0.18 |
5. |
Natl. Aluminium |
83.25 |
5.87 |
15289.96 |
7.81 |
170.12 |
-77.25 |
3489.57 |
-2.86 |
33.98 |
40.44 |
19.44 |
6. |
Standard Inds. |
34.35 |
1.23 |
220.97 |
7.28 |
1.45 |
-81.60 |
3.64 |
75.85 |
254.09 |
8.71 |
114.75 |
7. |
GAIL (India) |
98.45 |
5.49 |
64731.86 |
6.77 |
1304.61 |
-54.58 |
38680.36 |
77.77 |
23.30 |
36.23 |
22.25 |
8. |
H U D C O |
51.95 |
5.94 |
10399.87 |
6.74 |
396.31 |
7.00 |
1738.61 |
0.10 |
9.16 |
40.82 |
13.31 |
9. |
Oil India |
211.75 |
2.83 |
22962.28 |
6.73 |
2115.83 |
64.65 |
10123.74 |
39.56 |
21.55 |
27.49 |
11.83 |
10. |
Oracle Fin.Serv. |
3006.80 |
14.38 |
25974.18 |
6.32 |
397.75 |
-11.13 |
1376.03 |
7.42 |
36.03 |
86.75 |
10.87 |
11. |
CESC |
75.40 |
7.44 |
9994.80 |
5.97 |
319.00 |
-8.96 |
3913.00 |
11.99 |
12.75 |
44.14 |
4.51 |
12. |
PTL Enterprises |
34.85 |
17.08 |
461.33 |
5.74 |
8.89 |
-26.29 |
16.09 |
1.77 |
9.31 |
80.27 |
-5.98 |
13. |
Power Grid Corpn |
209.10 |
9.96 |
145856.72 |
5.62 |
3650.16 |
8.11 |
11150.57 |
8.61 |
11.48 |
61.16 |
9.38 |
14. |
Tide Water Oil |
999.25 |
14.25 |
1741.09 |
5.50 |
20.43 |
-36.16 |
448.02 |
13.69 |
21.71 |
76.07 |
8.23 |
15. |
Rites |
334.90 |
14.76 |
8047.71 |
5.08 |
140.20 |
-21.63 |
659.08 |
-13.91 |
30.16 |
79.11 |
3.12 |
S.No. |
Name |
CMP Rs. |
P/E |
Mar Cap Rs.Cr. |
Div Yld % |
NP Qtr Rs.Cr. |
Qtr Profit Var % |
Sales Qtr Rs.Cr. |
Qtr Sales Var % |
ROCE % |
Payout ratio % |
Profit Var 3Yrs % |
16. |
Swaraj Engines |
1592.05 |
16.46 |
1933.46 |
5.02 |
35.88 |
6.25 |
384.75 |
11.98 |
49.68 |
88.72 |
9.60 |
17. |
Glenmark Life |
420.05 |
12.31 |
5146.75 |
5.00 |
106.88 |
-7.22 |
509.30 |
-9.34 |
42.25 |
61.46 |
28.82 |
18. |
Steel City Sec. |
61.05 |
7.21 |
92.23 |
4.91 |
3.23 |
-14.55 |
14.33 |
-13.52 |
18.35 |
32.80 |
15.37 |
19. |
ICICI Securities |
499.55 |
12.46 |
16126.96 |
4.80 |
300.41 |
-14.47 |
858.46 |
0.24 |
27.03 |
56.01 |
41.19 |
20. |
IIFL Securities |
64.25 |
7.42 |
1958.69 |
4.67 |
55.47 |
-23.01 |
316.61 |
5.88 |
32.38 |
29.79 |
20.30 |
21. |
NHPC Ltd |
39.30 |
10.24 |
39476.99 |
4.61 |
1685.81 |
14.99 |
3366.02 |
14.47 |
6.50 |
51.60 |
14.71 |
22. |
Sarla Performanc |
45.45 |
9.59 |
379.52 |
4.40 |
9.61 |
-35.48 |
115.58 |
9.66 |
13.60 |
35.29 |
22.75 |
23. |
Nippon Life Ind. |
250.50 |
23.76 |
15609.98 |
4.39 |
196.55 |
-1.92 |
308.98 |
1.64 |
29.69 |
96.21 |
14.39 |
24. |
VST Industries |
3200.40 |
14.15 |
4941.42 |
4.37 |
92.16 |
15.37 |
343.97 |
26.65 |
42.44 |
67.50 |
12.13 |
25. |
MSTC |
295.20 |
8.14 |
2078.21 |
4.37 |
63.67 |
124.98 |
174.97 |
-23.16 |
31.09 |
45.61 |
38.35 |
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