Top Dividend Paying Stocks

Top Dividend paying stocks, Top 50 Dividend paying stocks in India

Top Dividend paying stocks

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Dividend earning is an important factor for investors as the dividend is treated as a source of income. The higher the dividend attracts more investors who are looking for passive income along with their regular income. Investing in dividend stocks is one of the important driving factors for new investors.

A retail investor, who does not have many ideas on direct investment in the stock market, can take the benefit of these top dividend paying stocks to invest in and get the benefit of both capital appreciation as well as dividend.

Top Dividend Paying Stocks

Nifty has developed an index named “Nifty Dividend Opportunities 50” index. The constituents of this index can be a great source of high-yielding companies that can give a consistent dividend along with capital appreciation while investing in these companies’ shares.

This index consists of 50 companies that give consistence dividends. This index aims to maximize yield while providing stability and traceability. Below is the list of companies that are part of this Nifty Dividend Opportunities 50 index.

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Top 50 Dividend Paying Stocks in India

50 Top Dividend Paying Stocks in IndiaIndustryStock Symbol
Angel One Ltd.Financial ServicesANGELONE
BSE Ltd.Financial ServicesBSE
Bajaj Auto Ltd.Automobile and Auto ComponentsBAJAJ-AUTO
Bank of BarodaFinancial ServicesBANKBARODA
Bank of IndiaFinancial ServicesBANKINDIA
Bharat Electronics Ltd.Capital GoodsBEL
Bharat Petroleum Corporation Ltd.Oil Gas & Consumable FuelsBPCL
Britannia Industries Ltd.Fast Moving Consumer GoodsBRITANNIA
Canara BankFinancial ServicesCANBK
Castrol India Ltd.Oil Gas & Consumable FuelsCASTROLIND
Coal India Ltd.Oil Gas & Consumable FuelsCOALINDIA
Colgate Palmolive (India) Ltd.Fast Moving Consumer GoodsCOLPAL
Cummins India Ltd.Capital GoodsCUMMINSIND
Cyient Ltd.Information TechnologyCYIENT
GAIL (India) Ltd.Oil Gas & Consumable FuelsGAIL
HCL Technologies Ltd.Information TechnologyHCLTECH
HDFC Asset Management Company Ltd.Financial ServicesHDFCAMC
Hero MotoCorp Ltd.Automobile and Auto ComponentsHEROMOTOCO
Hindustan Unilever Ltd.Fast Moving Consumer GoodsHINDUNILVR
IDFC Ltd.Financial ServicesIDFC
ITC Ltd.Fast Moving Consumer GoodsITC
Indian BankFinancial ServicesINDIANB
Indian Oil Corporation Ltd.Oil Gas & Consumable FuelsIOC
Indian Railway Finance Corporation Ltd.Financial ServicesIRFC
Indraprastha Gas Ltd.Oil Gas & Consumable FuelsIGL
Infosys Ltd.Information TechnologyINFY
LIC Housing Finance Ltd.Financial ServicesLICHSGFIN
Mahindra & Mahindra Financial Services Ltd.Financial ServicesM&MFIN
Manappuram Finance Ltd.Financial ServicesMANAPPURAM
MphasiS Ltd.Information TechnologyMPHASIS
NMDC Ltd.Metals & MiningNMDC
National Aluminium Co. Ltd.Metals & MiningNATIONALUM
Oil & Natural Gas Corporation Ltd.Oil Gas & Consumable FuelsONGC
Oil India Ltd.Oil Gas & Consumable FuelsOIL
Oracle Financial Services Software Ltd.Information TechnologyOFSS
Petronet LNG Ltd.Oil Gas & Consumable FuelsPETRONET
Piramal Enterprises Ltd.Financial ServicesPEL
Power Finance Corporation Ltd.Financial ServicesPFC
Power Grid Corporation of India Ltd.PowerPOWERGRID
REC Ltd.Financial ServicesRECLTD
Shriram Finance Ltd.Financial ServicesSHRIRAMFIN
State Bank of IndiaFinancial ServicesSBIN
Steel Authority of India Ltd.Metals & MiningSAIL
Tata Consultancy Services Ltd.Information TechnologyTCS
Tata Steel Ltd.Metals & MiningTATASTEEL
Tech Mahindra Ltd.Information TechnologyTECHM
Union Bank of IndiaFinancial ServicesUNIONBANK
Vedanta Ltd.Metals & MiningVEDL
Top 50 Dividend Paying Stocks

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What are Top 50 Dividend Paying Stocks

NSE developed an index based on Top 50 Dividend Paying Stocks. You can find the complete list of these stocks in this article.

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