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From Anil Agarwal's Vedanta and its subsidiary to the power financier PSU stocks REC and PFC, these 10 stocks currently have the highest dividend yield.
By Hormaz Fatakia April 8, 2025, 11:10:32 AM IST (Published)
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Dividend yield is a financial ratio that shows how much money a company pays its shareholder in the form of dividends per share, in comparison to its stock price. Here is a look at 10 stocks which have the highest dividend yield, as per the latest report by Axis Securities.
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Vedanta | The Anil Agarwal-owned mining conglomerate is known for its payouts to shareholders. The company has paid ₹43.5 as dividends to shareholders over the last 12 months, implying a dividend yield of 12%.
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Hindustan Zinc | Following Vedanta is its subsidiary Hindustan Zinc, which has paid ₹29 as dividend over the last one year. The stock currently has a dividend yield of 7%.
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Coal India | Joint-second on the list is Coal India, which has paid ₹26.35 per share to shareholders as dividends over the last 12 months. Its current dividend yield, at-par with Hindustan Zinc, is at 7%.
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ONGC | Another PSU on the list is ONGC, which has a dividend yield of 6%. The company has paid ₹13.5 per share as dividend to shareholders. The stock though, is down 7% so far this year after the recent sell-off.
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BPCL | BPCL also has a dividend yield of 6%, having paid ₹15.5 per share to shareholders over the last 12 months. The stock has risen nearly 8% over the last one month.
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Indian Oil Corporation | IOC has paid ₹7 per share to its shareholders as dividend over the last 12 months and has a dividend yield of 5%. The stock has declined 24% over the last one year.
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REC | The power sector PSU has paid over ₹20 per share as dividend to its shareholders over the last 12 months. The stock has a dividend yield of 5%. The stock is down 13% in the last 12 months.
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HCLTech | Shareholders of this largecap IT stock have received dividends worth ₹60 per share over the last 12 months. The stock has a dividend yield of 4%. During the last one year, HCLTech shares have declined 10%.
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PFC | Another power PSU in the list has paid ₹16.25 as dividend to its shareholders, including the government. PFC currently has a dividend yield of 4%, and the stock is down 3% in the last one year.
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Hero MotoCorp | Last on the list is the two-wheeler manufacturer, who has rewarded shareholders with payouts of ₹140 per share in the last 12 months. Hero MotoCorp's dividend yield is now at 4%. The stock is down 23% in the last one year.
