Vedanta and Hindustan Zinc shares were among the top dividend-paying PSU scrips in the last one year, with whopping yields of 31% and 25% respectively over the past 12 months, according to a list of highest dividend-yielding PSU shares compiled by Axis Securities. Tata Consultancy Services, Tata Steel, Piramal Enterprises, Hero MotoCorp, and ITC stood at the bottom of the list, with a yield of 3% dividend yield of each.
Here’s a look at the highest dividend payouts and dividend-yielding large-caps:
Company NameCMPDividend (past 12 Months)Dividend YieldVedantaRs 284Rs 88.531%Hindustan ZincRs 324Rs 82.525%Coal IndiaRs 232Rs 23.310%ONGCRs 167Rs 148%Power GridRs 241Rs 12.35%GAIL (India)Rs 109Rs 55%HCL TechnologiesRs 1,170Rs 484%NTPCRs 188Rs 7.34%Tech MahindraRs 1,266Rs 484%SAILRs 92Rs 3.34%ITCRs 473Rs 15.53%Hero MotoCorpRs 3,105Rs 1003%Piramal EnterprisesRs 991Rs 313%Tata SteelRs 119Rs 3.63%Tata Consultancy ServicesRs 3,545Rs 1073%Top 15 Dividend Yield Companies (Large Cap)
The companies from the Metals and Mining Industry were the ones with the highest yields. Vedanta, Hindustan Zinc, and Coal India have had the highest dividend yield in the last 12 months at 31%, 25%, and 10%, which indicates that these companies are providing a significant return to their shareholders through dividends. Tata Consultancy Services, despite having the largest market capitalisation of Rs 12,96,932 crore among the companies on the list, has a lower dividend yield, of 3%.