Coal India, Oil India, ONGC among top dividend-yield stocks — should you buy?
₹17 and in FY23, the DPS stood at ₹24.3, according to the brokerage. Exciting news! Mint is now on WhatsApp Channels. Subscribe today by clicking the link and stay updated with the latest financial insights! Click here! 1.Coal India: At a current market price (CMP) of ₹295, the coal miner gave a dividend yield of 8.2 per cent with FY22 DPS at ₹17 and FY23 DPS at ₹24.3 2.Oil India: At a CMP of ₹299, the oil explorer gave a dividend yield of 6.7 per cent with FY22 DPS at ₹14.3 and FY23 DPS at ₹20 3.PTC India: At a CMP of ₹133, the power major gave a dividend yield of 5.9 per cent with FY22 DPS at ₹7.8 and FY23 DPS at ₹7.8 4.Oil and Natural Gas Corporation (ONGC): At a CMP of ₹192, the oil major gave a dividend yield of 5.9 per cent with FY22 DPS at ₹10.5 and FY23 DPS at ₹11.3.
5.Gujarat State Fertilizers & Chemicals: At a CMP of ₹173, the chemical major gave a dividend yield of 5.8 per cent with FY22 DPS at ₹2.5 and FY23 DPS at ₹10. 6.Power Grid Corporation: At a CMP of ₹200, the PSU gave a dividend yield of 5.3 per cent with FY22 DPS at ₹14.8 and FY23 DPS at ₹10.7 7.Chennai Petroleum Corp: At a CMP of ₹510, the oil and gas major gave a dividend yield of 5.3 per cent with FY22 DPS at ₹2 and FY23 DPS at ₹27 8.GNFC: At a CMP of ₹612, the chemicals major gave a dividend yield of 4.9 per cent with FY22 DPS at ₹10 and FY23 DPS at ₹30 9.
National Aluminium Company: At a CMP of ₹97, the PSU gave a dividend yield of 4.6 per cent with FY22 DPS at ₹6.5 and FY23 DPS at ₹4.5 10.NMDC: At a CMP of ₹148, the mining major gave a dividend yield of 4.5 per cent with FY22 DPS at ₹14.7 and FY23 DPS at ₹6.6. Also Read: Microcap stock hits 5% upper circuit after company wins ₹292 crore-worth order; do you own? The dividend yield is a financial
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