Top 15 Nifty 500 Stocks for High Dividend Yields
Boost your portfolio with these top 15 Nifty500 high dividend yield stocks
Business Standard
Image: Business Standard
Investors seeking passive income can explore 15 high dividend-yielding stocks from the Nifty 500 index, led by Bharat Petroleum Corporation (BPCL) with a yield of 7.5%. Other notable stocks include Indian Oil Corporation (IOC) and REC, each offering yields above 5%.
- 01Bharat Petroleum Corporation (BPCL) offers the highest dividend yield at 7.5%.
- 02Indian Oil Corporation (IOC) follows closely with a 7.0% yield.
- 03State-run entities like REC and Coal India provide yields of 5.5% each.
- 04Wipro and UTI Asset Management Company also offer 5.5% yields.
- 05ITC has a dividend yield of 4.6%, while ONGC and HCL Technologies yield 4.5%.
Advertisement
In-Article Ad
Investors on D-Street looking for passive income opportunities may find a promising set of 15 high dividend-yielding stocks from the Nifty 500 index. Leading the list is Bharat Petroleum Corporation (BPCL), boasting a dividend yield of 7.5% and a share price of ₹300.50. The company has a market capitalisation of ₹1,30,350 crore and sales of ₹1,29,978 crore. Following BPCL is Indian Oil Corporation (IOC), which offers a yield of 7.0%, supported by a market cap of ₹2,00,804 crore and sales of ₹3,28,868 crore. Other significant players include REC and Coal India, both providing yields of 5.5%. REC has a market cap of ₹93,308 crore with sales of ₹2,87,697 crore, while Coal India stands at ₹2,96,643 crore in market cap with sales of ₹2,94,419 crore. In the mid-yield segment, Wipro and UTI Asset Management Company also offer yields of 5.5%. Wipro's market cap is ₹2,10,460 crore with sales of ₹2,13,932 crore, while UTI AMC has a market cap of ₹12,204 crore and sales of ₹12,052 crore. Other notable mentions include ITC with a yield of 4.6%, ONGC and HCL Technologies at 4.5%, and Vedanta at 4.4% due to its planned demerger. The list concludes with Shipping Corporation of India, Hindustan Petroleum Corporation (HPCL), Oracle Financial Services Software, NMDC, and Infosys, which offer yields ranging from 4.3% to 3.8%.
Advertisement
In-Article Ad
Investors seeking regular income can benefit from these high dividend-yielding stocks, potentially enhancing their portfolio's profitability.
Advertisement
In-Article Ad
Reader Poll
Are you considering investing in high dividend yield stocks?
Connecting to poll...
More about Bharat Petroleum Corporation
Read the original article
Visit the source for the complete story.