Here are ten top dividend stocks in India, based on their historical performance and consistent dividend payouts:
- Indian Oil Corporation (IOC): A leading state-owned oil and gas company, known for its strong dividend history.
- Coal India: The largest coal-producing company in the world, consistently offering attractive dividend yields.
- Hindustan Zinc: A leading player in the mining and metals sector, known for high dividend payouts.
- Power Grid Corporation: A state-owned electric utility company, consistently paying good dividends.
- ITC Limited: A diversified conglomerate with strong performance in FMCG, hotels, and other sectors, known for reliable dividends.
- Bajaj Auto: A leading two-wheeler and three-wheeler manufacturing company with a robust dividend record.
- SJVN (Satluj Jal Vidyut Nigam): A joint venture between the Government of India and the Government of Himachal Pradesh, operating in the hydroelectric power sector, known for good dividends.
- NHPC (National Hydroelectric Power Corporation): Another key player in the hydroelectric power sector, offering consistent dividends.
- GAIL (India) Limited: A state-owned natural gas processing and distribution company with a solid dividend history.
- Hindustan Petroleum Corporation Limited (HPCL): A major oil and gas refining and marketing company with strong dividend payouts.
These companies are known for their stable financial performance and commitment to returning value to shareholders through dividends.