Synopsis: List of 5 stocks from MSTC Limited to PTC India Limited highlight strong cash flows and consistent payouts, attracting investors seeking stable income beyond mainstream large-cap names.
Dividend yield is a key financial metric that indicates how much income a company returns to shareholders in relation to its stock price. It is calculated as the annual dividend per share divided by the current market price, expressed as a percentage.
For investors, dividend yield serves as an important measure of passive income potential, especially in stable, cash-generating businesses. However, a higher yield does not always indicate a better investment, as it can sometimes result from a falling stock price or unsustainable payout levels.
MSTC LTD:
MSTC (Metal Scrap Trade Corporation) Ltd undertakes trading activities, e-commerce and also disposal of ferrous and non-ferrous scrap, surplus stores, minerals, agri and forest products has delivered a dividend yield of 10.2 percent
With the market capitalization of Rs. 2588 Crores, the shares of MSTC ltd were trading at around Rs. 368 per share which is 36.7 percent less from its 52-week high of Rs. 582 per share and is trading at a P/E of 11.4 where as industry P/E stands at 24.4
Revenue from operations has increased from Rs. 85 Crores to Rs. 88 Crores on a quarterly basis, up 3.5 percent. Operating profit has remained same on both the quarters at Rs. 50 Crores and net profit has increased from Rs. 48 Crores to Rs. 51 Crores, up 6.25 percent
PTC India Ltd
PTC India Limited was established in 1999 by the Government of India as a Public-Private Initiative and is in the power trading business. It is promoted by Power Grid Corporation of India Limited , NTPC Limited , Power Finance Corporation Limited and NHPC Limited has delivered a dividend yield of 7.26 percent.
With the market capitalization of Rs. 4647 Crores, the shares of PTC India Ltd were trading at around Rs. 157 per share which is 24 percent less from its 52 weeks high of Rs. 207 per share and is trading at a P/E of 7.50 where as industry P/E stands at 7.76
Revenue from operations has decreased on a quarterly basis from Rs. 5459 Crores to Rs. 3405 Crores, down 37 percent. Operating profit has decreased from Rs. 275 Crores to Rs. 173 Crores, down 37 percent and net profit has decreased from Rs. 222 Crores to Rs. 131 Crores, down 41 percent.
Gujarat Pipavav Port Ltd:
Gujarat Pipavav Port is India’s first private sector port located on the south west coast of Gujarat near Bhavnagar. The port is strategically placed on the International Maritime Trade route which connects India with US, Europe, Africa, Middle East on one side and Far east on the other side and has delivered a dividend yield of 5.47 percent.
With the market capitalization of Rs. 6865 Crores, the shares of Gujarat Pipavav Port India Ltd were trading at around Rs. 142 per share which is 29 percent less from its 52 weeks high of Rs. 200 per share and is trading at a P/E of 15.5 where as industry P/E stands at 20.2
Revenue from operations has decreased on a quarterly basis from Rs. 299 Crores to Rs. 292 Crores, down 2.3 percent. Operating profit has decreased from Rs. 178 Crores to Rs. 160 Crores, down 10 percent and net profit has decreased from Rs. 158 Crores to Rs. 101 Crores, down 36 percent.
Gulf Oil Lubricants India Ltd:
Gulf Oil Lubricants Ltd is engaged in the business of manufacturing, marketing and trading of automotive and non-automotive lubricants.[1] It is among the top three lubricant companies in India among private players and has delivered a dividend yield of 5.14 percent.
With the market capitalization of Rs. 4416 Crores, the shares of Gulf Oil Lubricants India Ltd were trading at around Rs. 894 per share which is 32.8 percent less from its 52 weeks high of Rs. 1332 per share and is trading at a P/E of 12 where as industry P/E stands at 11.6
Revenue from operations has increased from Rs. 967 Crores to Rs. 1018 Crores on a quarterly basis, up 5.27 percent. Operating profit has increased from Rs. 117 Crores to Rs. 132 Crores, up 12.8 percent and net profit has decreased from Rs. 84 Crores to Rs. 76 Crores, down 9.5 percent
Castrol India Ltd:
Castrol India Ltd is principally engaged in the business of manufacturing & marketing of automotive and industrial lubricants and related services. The company’s products include engine oils, transmission fluids, Axle lubricants, brake fluids, greases catering all kinds of vehicles from cars & bikes to electrical vehicles and commercial vehicles. It has delivered a dividend yield of 5.04 percent.
With the market capitalization of Rs. 17156 Crores, the shares of Castrol India Ltd were trading at around Rs. 173 per share which is 25.4 percent less from its 52 weeks high of Rs. 232 per share and is trading at a P/E of 17.8 where as industry P/E stands at 11.6
Revenue from operations has increased from Rs. 1363 Crores to Rs. 1440 Crores on a quarterly basis, up 5.6 percent. Operating profit has increased from Rs. 323 Crores to Rs. 368 Crores, up 13.9 percent and net profit has increased from Rs. 228 Crores to Rs. 245 Crores, up 7.4 percent
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