Top 10 dividend paying stocks

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In stock market the traders and investors play important role. The traders invest their money for short term and gain profit as per their risk appetite. Investors like Domestic and Foreign investors hold their stocks for long term capital appreciation and dividend gain.  Let us have a look on top 10 dividend paying stocks from BSE SENSEX.
Image credit:- IIFL insurance 

1} REC Ltd:- REC Limited formerly known as Rural Electrification Corporation Limited. It is well known as Navratna company under the administrative control of the Ministry of Power. It finances and promotes different power projects sanctioned across India. 
Market Cap:- 25134 Cr.
Dividend in % :-12.00
CMP :- 95.50

2} SAIL :- Steel Authority of India Limited (SAIL) is one of the largest steel-making companies in India and Government of India has 65% share of total equity shares of SAIL.
Market Cap:- 34057 Cr.
Dividend in % :-10.6
CMP :- 82.50

3} PFC :- Power finance corporation is one of the leading Public sector organisations formed in 1986. It plays important role in financing our power sector.
Market Cap:- 27932 Cr.
Dividend in % :-11.3
CMP :- 106.00

4} PTC India :- Power Trading Corporation of India Limited, is an Indian company that provides power trading solutions, cross border power trading, and consultancy services.
Market Cap:- 2333 Cr.
Dividend in % :-10.4
CMP :- 78.80

5}Coal India:- Coal India Limited is a public sector organisation under control of  Ministry of coal.It is also the seventh largest employer organisation in India.
Market Cap:- 143806 Cr.
Dividend in % :-7.28
CMP :- 233.00

6} HUDCO :- HUDCO is a public sector undertaking controlled by Ministry of Housing and Urban affairs established in 1970. HUDCO provides loans for projects like water supply, roads and transport, commercial infrastructure (shopping centres, market complex, malls-cum-multiplexes, hotels and office buildings).
Market Cap:- 7257 Cr
Dividend in % :-9.67
CMP :- 36.20

7} ONGC :- ONGC is a public sector undertaking controlled by Petrolium ministry of India. This organisation was formed in 1956 by Government of India which produces nearly 70 % of crude oil for national domestic use.
Market Cap:- 167940 Cr.
Dividend in % :-7.92
CMP :- 133.00

8} RITES :- RITES is established in 1974 by Indian railways,which is controlled by Ministry of Railways. It provides consulting services in rail transport service across India.
Market Cap:- 8370 Cr.
Dividend in % :-7.5
CMP :- 348.00

9} NMDC:- NMDC Limited, is a central public sector undertaking. It is owned by Ministry of Steel, Government of India. It is involved in the exploration of minerals from mines like  iron ore, copper, rock phosphate, limestone,gypsum, tungsten, graphite.
Market Cap:- 38934 Cr.
Dividend in % :-11.1
CMP :- 133.00

10} IOC :- IOC is one of the leading Public sector organisations owned by Petrolium ministry. It produces various petroleum products like LNG, lubricants, Natural Gas,Petrochemicals.
Market Cap:- 95601 Cr.
Dividend in % :-12.4
CMP :- 67.70

All above listed stocks have given handsome dividend which is more attractive than fixed deposit returns of banking and postal institutions. So summary of the post is start investing in high dividend paying stocks and enjoy the dividend income over the years. 

Image credit:- Nairamatrics









Location: 5J9Q+H5 Silakota, Odisha, India

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