Sep 19, 2023 – According to an Axis Securities report, as many as 10 large and midcap stocks have delivered high dividend yields in the last 12 months. The dividend yield represents the annual dividend payment to shareholders expressed as a percentage of the stock’s current price. Here is a list of these stocks and their dividend yields:
1. Vedanta – Dividend Yield: 30%
2. Hindustan Zinc – Dividend Yield: 19%
3. Coal India – Dividend Yield: 9%
4. Power Grid Corporation – Dividend Yield: 7%
5. Oil India – Dividend Yield: 7%
6. ONGC – Dividend Yield: 6%
7. REC – Dividend Yield: 6%
8. Sanofi India – Dividend Yield: 5%
9. Oracle Financial Services Software – Dividend Yield: 5%
10. National Aluminium Company – Dividend Yield: 5%
These companies have provided attractive dividend yields to their investors, making them attractive options for those seeking income from their investments. Investors should research these stocks further and consult with financial advisors before making any investment decisions. For more information, read the full article on the Economic Times website.