Top 10 PSU Stocks with High Dividend Yield in India
Investors seeking stable and reliable income often focus on Public Sector Undertakings (PSUs) in India, which are known for their consistent dividend payouts due to their government ownership. In this article, we'll explore the top 10 PSU stocks that offer the best dividend yields as of the latest data available. Join our Telegram Channel and Quora Group for more updates and informative content. Disclaimer: The information provided here is for educational purposes only. Before making investment decisions, consult a financial advisor.
1. Balmer Lawrie
With a dividend yield of 11.3%, Balmer Lawrie stands out among the top PSU stocks in India. The company is known for its engineering and construction solutions and has a solid track record of delivering dividends to its shareholders. Join our community for more insights and updates.
2. REC (Research and Development Corporation of India)
In second position, REC offers a dividend yield of 12.94%. This corporation focuses on renewable energy and has been consistently distributing profits to its shareholders. For more content like this, share and upvote our articles.
3. Oil India
Expedite your investments with a 13.21% dividend yield. Oil India is a major player in the oil and gas sector and provides significant dividends to investors. Enjoy more informative content by joining our community.
4. HPCl (Hindustan Petro Chemicals Limited)
HPCl follows with a dividend yield of 9.34%, making it a promising investment option. Discover more about this company and stay updated with our latest content.
5. Rail Vikas
Rail Vikas, with a generous 6.98% dividend yield, is another excellent choice for investors. This PSU plays a crucial role in the railway sector and offers consistent returns. Share and upvote our informative content.
6. Cochin Shipyard
For a modest yet stable return, consider Cochin Shipyard, which has a dividend yield of 5.33%. This PSU is a key player in the shipbuilding industry and consistently distributes dividends. Join our community for more insights.
7. Power Grid
Power Grid ensures a steady income with a dividend yield of 5.21%. As a leading PSU in the energy sector, this company has a proven track record of delivering reliable dividends. Stay updated with our community for more content.
8. GAIL (Gas Authority of India Limited)
GAIL, with a 5.13% dividend yield, is a noteworthy choice for investors looking for consistent returns. This PSU focuses on the natural gas sector and offers favorable dividend payouts. Share and upvote our articles for more updates.
9. HUDCO (Housing and Urban Development Corporation)
HUDCO provides sound returns with a dividend yield of 4.2%. This PSU is dedicated to housing and urban development projects and consistently pays dividends to its shareholders. Join our community for more insights.
10. RITES (Railway Infrastructure Development Corporation of India Limited)
With a dividend yield of 4.14%, RITES is a reliable investment option for shareholders. This PSU has a key role in railway infrastructure development and offers consistently reliable dividend payouts. Stay updated with our community for more information.
For investors seeking stable and reliable income, turning to PSUs in India can be a smart choice due to their consistent dividend payouts. However, it's crucial to conduct thorough research and consult with a financial advisor before making any investment decisions. Join our community for more updates and informative content. Share and upvote our articles for more informative content.