TCS, Vedanta among 10 companies offering dividend yield of up to 7%. Do you own any?

Domestic brokerage firm Axis Direct’s latest report highlights companies that have consistently rewarded shareholders with strong payouts over the past year. A dividend yield is a financial ratio that shows how much a company pays out in dividends each year relative to its stock price. It is a key metric for investors, particularly those focused on income generation, as it indicates the return on investment strictly from dividends. Here’s the full list.

2/11

Vedanta has a dividend yield of 7%, with dividends of Rs 16 per share over the past 12 months. The stock's current market price (CMP) is Rs 225, while its market capitalisation stands at Rs 87,000 crore.

3/11

Coal India

Coal India offers a dividend yield of 7%, having paid Rs 26.5 per share in dividends over the past 12 months. The stock trades at Rs 396, with a market capitalisation of Rs 2.44 lakh crore.

ETMarkets.com

4/11

Indian Oil Corporation

Indian Oil Corporation has a dividend yield of 6%, with dividends of Rs 8.3 per share over the past 12 months. The stock, currently trading at about Rs 128, has market capitalisation of Rs 1.81 lakh crore.

Reuters

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Bharat Petroleum Corporation

Bharat Petroleum Corporation offers a dividend yield of 6%, having paid Rs 17.5 per share in dividends over the past 12 months. The stock trades at Rs 279, with a market capitalisation of Rs 1.21 lakh crore.

ETMarkets.com

6/11

Power Finance Corporation

Power Finance Corporation has a dividend yield of 6%, with dividends of Rs 18.8 per share over the past 12 months. Its current market price is Rs 315 and its market capitalisation stands at Rs 1.04 lakh crore.

ETMarkets.com

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Oil and Natural Gas Corporation

State-run oil company ONGC offers a dividend yield of 6%, having paid Rs 13.3 per share in dividends over the past 12 months. The stock trades at Rs 225, with a market capitalisation of Rs 2.83 lakh crore.

Agencies

8/11

ITC

The conglomerate that manufacturers notebooks to cigarettes has a dividend yield of 6%, with dividends of Rs 14.5 per share over the past 12 months. Its CMP is Rs 257, while its market capitalisation stands at Rs 3.22 lakh crore.

ETMarkets.com

9/11

Tata Consultancy Services

India’s largest IT services company offers a dividend yield of 4%, having paid Rs 112 per share in dividends over the past 12 months. The stock trades at Rs 2,536, with a market capitalisation of Rs 9.18 lakh crore.

ETMarkets.com

10/11

Indian Railway Finance Corporation

IRFC has a dividend yield of 4%, with dividends of Rs 3.3 per share over the past 12 months. Its CMP is Rs 74 and its market capitalisation stands at Rs 97,000 crore.

ETMarkets.com

11/11

HCL Technologies

HCL Technologies offers a dividend yield of 4%, having paid Rs 60 per share in dividends over the past 12 months. The stock trades at Rs 1,424, with a market capitalisation of Rs 3.86 lakh crore.