There are multiple ways to make a list of the Highest dividend-paying stocks last 10 years in India.
First, we can select dividend-paying stocks based on market capitalization. We can select dividend-paying stocks based on dividend yield or the compound annual growth rate (CAGR) of the stocks over the last 10 years. We can make our selection based on these criteria.
Another good way to select dividend-paying stocks is on the basis of sales growth and profit growth. In short, there are many ways to make a list of dividend-paying stocks.
In this article, I will write down the Highest dividend-paying stocks last 10 years in India. While making the list of these 10 stocks we have considered some criteria,
First, the dividend yield must be at least 7%.
Second, the company must be stable according to market capitalization and its business. Whether it’s a government company or a private company.
First, let’s see these Highest dividend-paying stocks last 10 years in India.
| S. No. | Company Name | Industry |
|---|---|---|
| 1 | Vedanta Ltd. | Sterlite Industries |
| 2 | INEOS Styrolution India Ltd. | Chemicals |
| 3 | National Mineral Development Corporation Ltd. | Mining |
| 4 | Hindustan Zinc Ltd. | Mining |
| 5 | Indian Oil Corporation Ltd. | Energy: Oil & Gas |
| 6 | SAIL:- Steel Authority of India Ltd. | Steel |
| 7 | REC Ltd. | Infrastructure Finance |
| 8 | Hinduja Global Solution Ltd. | Conglomerate |
| 9 | Power Finance Corporation Ltd. | Financial Services |
| 10 | Coal India. | Mining, Refinery |
1 – Vedanta Ltd.
Public Limited Company
Vedanta Ltd is a Diversified natural resource group engaged in exploring extracting and processing minerals and oil & gas. The group engaged in the exploration, production, and sale of zinc, lead, silver, copper, aluminum, Iron ore, and oil & gas. Their business is spread out in India, South Africa, Namibia, Ireland, Liberia, and UAE.
Its other business includes commercial power generation, steel manufacturing & port operations in India, and manufacturing of glass substrates in South Korea and Taiwan.
Presently, (65%) of the company’s revenue is generated from sales in India, followed by Malaysia (9%), China (3%), UAE (1%), and others (22%)
With the successful acquisition of a Nickel and Cobalt plant at Goa, Vedanta has become the sole producer of NIckel in India.
Company Essentials:-
| Market Cap – ₹ 1,03,115.10 Cr. | Current Price – 277.40 |
| Stock P/E – 3.77 | Dividend Yield – 36.48 % |
| Stocks Price CAGR | |
|---|---|
| 10 Years : | 5% |
| 5 Years: | 1% |
| 3 Years: | 28% |
| 1 Years: | -13% |
2 – INEOS Styrolution India Ltd.
Public Limited Company
INEOS Styrolution India Ltd. produces styrenics plastics with a focus on styrene monomer, polystyrene, ABS Standard, and styrenics plastic. This company works under the Umbrella of INEOS which is one of the largest chemical companies in the world. They have more than 1500 products they operate in more than 10 countries with 24 sales offices and 20 production sites, serving more than 4000 customers.
Revenue Split FY22
Specialties: 70%
Polystyrene: 30%
Industries Catered
As on March, 2022 the market breaks up by industries for ABS is as follows, Automotives: 43%, Household industry: 32%, Electronics Industry: 11%, Construction: 9%,
Company Essentials:-
| Market Cap – ₹ 1,460 Cr. | Current Price – ₹ 810 |
| Stock P/E – 5.68 | Dividend Yield -12.7 % |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 1% |
| 5 Years: | -5% |
| 3 Years: | 5% |
| 1 Year: | -40% |
3 – National Mineral Development Corporation Ltd.
Government of India Public Enterprise
NMDC is involved in the exploration and production of iron ore with Diamond, the production, and sale of Sponge Iron, and the generation and sale of Wind Power.
A Navratna company – (NMDC) was established in the year 1958 as a fully owned government company under the administrative control of the Ministry of Steel and is one the most profitable ones among the Navratna companies.
They are the largest Iron Ore manufacturer in India. accounting for 18% of the total domestic production. They also operate the only merchandised diamond mine in India.
Steel Plant
NMDC is the largest iron ore manufacturer in India accounting for 18% of the total domestic production…
NMDC has invested in the construction of a 3 MTPA integrated steel plant in Jagdalpur (Chhattisgarh) and a 1.2 MTPA pellet plant in Donimalai (Karnataka).
Other Business – The company also operates the only mechanized Diamond Mine in India at Panna
Global Business – NMDC has over 90% equity holding in Legacy Iron Ore Ltd, based in Perth, Australia with a focus on Gold, Iron ore, and base metals, NMDC holds about 26% stake in ICVL, and Benga mine is one of the operational assets of ICVL in Mozambique.
Company Essentials:-
| Market Cap – ₹ 32,002.22 Cr. | Current Price – 109.20 |
| Stock P/E – 5.79 | Dividend Yield – 6.06 % |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 0% |
| 5 Years: | 4% |
| 3 Years: | 12% |
| 1 Year: | 15% |
4 – Hindustan Zinc Ltd.
Public – Vedanta Limited (64.92%) Government of India (35.08%)
Incorporated in 1966, Hindustan Zinc has a rich experience of more than five decades in Zinc-lead mining and smelting. Ranked #1 in the Metals and Mining Category in Asia Pacific in Dow Jones Sustainability Index 2019, HZL is one of the lowest-cost producers of zinc globally and it is India’s Only Integrated producer of Zinc, Lead, and Silver. The company is a subsidiary of Vedanta Limited which owns a 64.9% stake in It and the balance 29.5% stake is owned by the Government of India.
Revenue Mix FY22
Zinc and Lead- 81%
Silver- 14%
Wind Energy & Others- 5%
Company Essentials:-
| Market Cap – ₹ 1,29,738.42 Cr. | Current Price – ₹ 307.05 |
| Stock P/E – 12.33 | Dividend Yield – 24.59 % |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 8% |
| 5 Years | 2% |
| 3 Years: | 15% |
| 1 Year: | -6% |
5 – Indian Oil Corporation Ltd.
Central public sector undertaking
It is a Maharatna Company controlled by the Government of India. Their business is spread throughout the Hydrocarbon Value Chain – from Refining, Pipeline transportation, and making petroleum products to R&D, Exploration & production, and marketing of natural gas petrochemicals. It has a leadership position in the Oil refining & petroleum marketing sector of India. The Largest Refining Company in India. The company owns 11 refineries across India.
It possesses 32% of the total refining capacity of India.
Pipeline Network – Presently, the company has – 15,000 km of pipelines spread across India with a total capacity of ~21.7 MMSCMD Gas pipelines capacity.
It owns ~73% of Crude Pipelines and ~52% of product pipelines that are spread across India. The average capacity utilization of the pipeline for the past 3 years has been ~85%
Revenue Breakup – High-speed diesel (HSD) accounts for ~47% of revenues, followed by Motor spirit (22%), liquefied petroleum gas (13%), Aviation turbine fuel (3%), Superior Kerosene Oil (1%) and others (14%).
Customer Touch-Points – Presently, the company operates ~34,500 retail outlets (Petrol pumps), ~12,800 LPG distributions, ~7,000 bulk consumer pumps, and ~3,900 SKO/LDO Dealerships.
The company is a leader in market infrastructure and controls 42% of retail outlets, 51% of LPG distributorship, and 48% of Aviation Fuel stations in India.
Crude Imports – The company fulfills its crude oil requirements by importing crude from across the world. It sources 65% of its needs from the Middle East, followed by Africa (27%), North America (4%), South-East Aisa (1%), Europe (1%), and Central Asia (1%)
Company Essentials:-
| Market Cap – ₹ 1,26,173.26 Cr. | Current Price – ₹ 89.35 |
| Stock P/E – 15.31 | Dividend Yield – 3.36% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 6% |
| 5 Years | -11% |
| 3 Years: | -3% |
| 1 Year: | -1% |
6 – SAIL:- Steel Authority of India Ltd.
Center Public Sector Enterprises
Steel Authority of India Limited (SAIL) is one of the largest steel-making companies in India and one of the Maharathnas of the country’s Central Public Sectors Enterprises, SAIL produces iron and steel at five integrated plants and three special steel plants, located principally in the eastern and central regions of India and situated close to domestic sources of raw materials. SAIL manufactures and sells a broad range of steel products. (Source: Company website)
SAIL expects to incur a capex of INR60.000 million- INR80,00 million in FY23
The company’s future capex would be funded by debt and internal accruals in a 50:50 ratio.
Value-added Product – As on 06 Sept 2022, out of total sales, 51.1% is the value-added component and 48.1% is the commodity.
Geographical Breakup – As of FY22, INDIA – 93%, Outside INDIA – 7%
Sale of Iron Ore – The Ministry of Mines, Goal has allowed SAIL to sell 25% of its total Iron ore production.
Company Essentials:-
| Market Cap – ₹ 34,345.32 Cr. | Current Price – ₹ 83.15 |
| Stock P/E – 18.05 | Dividend Yield – 1.8 % |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 0% |
| 5 Years | 1% |
| 3 Years: | 28% |
| 1 Year: | -27% |
7 – REC Ltd:-
Central Public Sector Undertaking
REC is a Central Public Sector Undertaking under the Ministry of Power involved in financing projects in the complete power sector’s value chain from generation to distribution.
Services Offered
Loan For Generation Projects
Loan For Transmission Projects
Loan For Distribution Projects
Short-term loans/Medium term loans
Atma NIrbhar Bharat Scheme
Under the liquidity infusion scheme of the Government of India as Part of the Atma Nirbhar Bharat scheme, REC has sanctioned loans of 60,191 Cr and disbursed an amount of 39,116 Cr during FY21
Company Essentials:-
| Market Cap – ₹ 38,629.40 Cr. | Current Price – ₹ 146.70 |
| Stock P/E – 3.49 | Dividend Yield – 5.64 % |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 3% |
| 5 Years | 0% |
| 3 Years: | 3% |
| 1 Year: | 9% |
8 – Hinduja Global Solutions Ltd:-
Public Limited Company
Hinduja Global Solution Ltd is engaged in the business of business process management (BPM). It offers voice and non-voice-based services such as contact center solutions and back-office transaction processing across the globe.
The Company is a part of Hinduja Group which has a presence in Automotive, Information Technology, Media, Entertainment & communication, infrastructure projects, development, oil & specialty chemicals, power, real estate, and healthcare. It employs ~200,000 people globally.
Services Offered – The company offers various Business Process Management (BPM) services to clients under 3 main areas i.e., healthcare, digital, and CX (customer experience).
Workforce – As per FY21, the company has an employee headcount of ~40,000 employees. Out of the total employees, ~46% are present in India, followed by the Philippines (24%), USA (8%), Jamaica(8%), Canada(7%), and the UK(6%).
Revenue Breakup Vertical wise:-
Healthcare, Pharma & Health Insurance – 56%
Telecom & Technology – 14%
Product, Services & Retail – 10%
Banking, Financial Services & Insurance – 8%
Media – 2%
Chemicals & biotech – 2%
Others – 8%
Geographical-wise:- USA – 73%, Canada – 12%, UK & Europe – 9%, India – 4%, Others – 2%
Company Essentials:-
| Market Cap – ₹ 5,838.68 Cr. | Current Price – ₹ 1,111.70 |
| Stock P/E – 24.17 | Dividend Yield – 1.35 % |
9 – Power Finance Corporation Ltd:-
Power Finance Corporation Limited is a Systemically Important Non-Deposit Taking NBFC registered with the RBI as an Infrastructure Finance Company. It is engaged in extending financial assistance to the power sector.
Fund-Based Product: Project Term loans, lease financing for the purchase of equipment, Short/Medium Term loans to equipment manufacturers, Debt refinancing, etc.
Non-Fund-Based Products: Deferred payment guarantee, Letter of Comfort (LoC), Policy for a guarantee of credit enhancement, etc.
The government of India holds the majority stake in PFC of ~56%.
Loan Assets
These loans have been disbursed to Conventional Generation (49%), Transmission & Distribution (40%), Renewable Energy (10%), and Others(1%).
Acquisition of REC
The Co acquired a majority equity stake of 52.63% for a consideration of 14,500 crores, in REC
Company Essentials:-
| Market Cap – ₹ 51,772 Cr. | Current Price – ₹ 196.10 |
| Stock P/E – 4.46 | Dividend Yield – 6.81 % |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 4% |
| 5 Years | 4% |
| 3 Years: | 8% |
| 1 Year: | 17% |
10 – Coal India Ltd:-
Coal India Ltd. is mainly engaged in the mining and production of coal and also operates Coal washeries. The major consumers of the company are the power and steel sectors. Consumers from other sectors include cement, fertilizers, brick kilns, etc. It is a ‘Maharathna’ Company under the Ministry of Coal, Government of India with headquarters at Kolkata, West Bengal.
Market Leadership – CIL is the single largest Coal producing company in the world and one of the largest corporate employers.
CIL is spread across 8 states in India. It also has a fully-owned mining company in Mozambique known as Coal India Africana Limited
Monopoly Miner – Coal India Ltd leads the country’s coal production contributing to around 80% of the Nation’s entire coal output. Its supplies to the power sector exceed 80% of Its entire despatch.
Production capacity – CIL operates through 84 mining areas spread over eight provincial states of India. It has 318 mines (as of 1st April 2022) of which 141 are underground, 158 opencast, and 19 mixed mines.
Product Offerings – Coking Coal, Non-Coking Coal, Washed and beneficiated coal Middlings, Rejected, CIL coke, Tar, Heavy Oil, Light oil, Soft pitch, and other value-added products.
Major Consumers – Coal India’s Major Consumers are the Power sectors (82% of the total output) and Steel sectors and others include cement, fertilizer, brick, kilns, and a host of other industries.
Company Essentials:-
| Market Cap – ₹ 1,41,927.63 Cr. | Current Price – ₹ 230.30 |
| Stock P/E – 9.59 | Dividend Yield – 10.64 % |
| Stock Price CAGR | |
|---|---|
| 10 Years: | -4% |
| 5 Years | -3% |
| 3 Years: | 6% |
| 1 Year: | 56% |
Which company gives dividends every month?
10 Highest Monthly Dividend-Paying Stocks in India
| Stock Name | Industry |
|---|---|
| Dr. Lal Path Labs | Healthcare |
| Union Bank of India | Banking |
| Britannia Industries | Food |
| Polycab India | FMEG |
| Punjab National Bank | Banking |
| Supreme Industries | Plastic Processing |
| Happiest Minds Technologies | IT Consulting and Services |
| Balkrishna Industries | Tire Manufacturing |
| Dalmia Bharat | Conglomerate |
| Indian Hotels Company | Hospitality |
Best broker in india to invest in dividend stocks
