Investors who want steady income often choose high dividend yield stocks for regular payouts along with price growth. Within the NIFTY 50 index, some companies offer dividend yields up to 7 percent. These stocks are ideal for balancing long-term growth with reliable income.
Here are the top 7 NIFTY 50 stocks with strong dividend yields up to 7%
Coal India Limited
With a market capitalization of Rs. 244,814.38 crore, the shares of Coal India Limited closed at Rs. 397.25 per equity share, down nearly 0.26 percent from its previous day’s close price of Rs. 398.30.
Coal India Limited has a dividend yield of 6.58 percent. The company’s ROE and ROCE are 35.68 percent and 39.92 percent, respectively. In FY25, the company has given a consolidated dividend of Rs. 26.35.
Oil and Natural Gas Corporation Limited
With a market capitalization of Rs. 301,234.79 crore, the shares of Oil and Natural Gas Corporation Limited closed at Rs. 239.45 per equity share, down nearly 1.60 percent from its previous day’s close price of Rs. 243.35.
Oil and Natural Gas Corporation Limited has a dividend yield of 4.98 percent. The company’s ROE and ROCE are 10.55 percent and 12.56 percent, respectively. In FY25, the company has given a consolidated dividend of Rs. 13.5.
Power Grid Corporation of India Limited
With a market capitalization of Rs. 269,624.50 crore, the shares of Power Grid Corporation of India Limited closed at Rs. 289.90 per equity share, down nearly 1.13 percent from its previous day’s close price of Rs. 293.20.
Power Grid Corporation of India Limited has a dividend yield of 3.03 percent. The company’s ROE and ROCE are 16.75 percent and 11.88 percent, respectively. In FY25, the company has given a consolidated dividend of Rs. 10.5.
Tata Consultancy Services Limited
With a market capitalization of Rs. 12,53,486.42 crore, the shares of Tata Consultancy Services Limited closed at Rs. 3,464.50 per equity share, down nearly 0.94 percent from its previous day’s close price of Rs. 3,497.20.
Tata Consultancy Services Limited has a dividend yield of 3.51 percent. The company’s ROE and ROCE are 51.24 percent and 62.27 percent, respectively. In FY25, the company has given a consolidated dividend of Rs. 96
HCL Technologies Limited
With a market capitalization of Rs. 444,376.23 crore, the shares of HCL Technologies Limited closed at Rs. 1,637.55 per equity share, down nearly 1.64 percent from its previous day’s close price of Rs. 1,664.90.
HCL Technologies Limited has a dividend yield of 3.59 percent. The company’s ROE and ROCE are 24.98 percent and 30.84 percent, respectively. In FY25, the company has given a consolidated dividend of Rs. 42.
ITC Limited
With a market capitalization of Rs. 522,965.07 crore, the shares of ITC Limited closed at Rs. 417.90 per equity share, down nearly 0.20 percent from its previous day’s close price of Rs. 418.75.
ITC Limited has a dividend yield of 3.24 percent. The company’s ROE and ROCE are 28.17 percent and 38.18 percent, respectively. In FY25, the company has given a consolidated dividend of Rs. 14.
Hero MotoCorp Limited
With a market capitalization of Rs. 86,102.76 crore, the shares of Hero MotoCorp Limited closed at Rs. 4,304.80 per equity share, down nearly 1.17 percent from its previous day’s close price of Rs. 4,355.75.
Hero MotoCorp Limited has a dividend yield of 3.79 percent. The company’s ROE and ROCE are 22.72 percent and 28.95 percent, respectively. In FY25, the company has given a consolidated dividend of Rs. 140.
Written By – Nikhil Naik
Disclaimer
The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Trade Brains Technologies Private Limited or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
The post 7 Nifty 50 stocks with high dividend yield of up to 7% to add to your watchlist appeared first on Trade Brains.