TOP 10 DIVIDEND PAYING STOCKS

Dividend paying stocks are an attractive option for investors who seek regular income from their investments. In India, there are several companies that pay generous dividends to their shareholders. Here are the top 10 dividend paying stocks in India:

1. Coal India Limited (CIL): Coal India Limited is a state-owned coal mining company that is the largest producer of coal in the world. The company has a strong track record of paying dividends and has consistently paid out over 90% of its profits as dividends. As of 2021, the dividend yield of Coal India Limited is 6.3%.
2. Hindustan Zinc Limited: Hindustan Zinc Limited is a subsidiary of Vedanta Resources and is the largest producer of zinc in India. The company has a history of paying high dividends to its shareholders and has a dividend yield of 8.4%.
3. Power Finance Corporation (PFC): Power Finance Corporation is a state-owned financial institution that provides funding for power projects in India. The company has a consistent track record of paying dividends and has a dividend yield of 6.8%.
4. National Aluminium Company (NALCO): National Aluminium Company is a state-owned company that is engaged in the production of alumina and aluminium. The company has a strong dividend policy and has consistently paid dividends in the range of 30-40% of its profits. The current dividend yield of NALCO is 6.1%.
5. Oil India Limited (OIL): Oil India Limited is a state-owned company that is engaged in the exploration, production, and transportation of crude oil and natural gas. The company has a strong dividend policy and has consistently paid dividends in the range of 40-50% of its profits. The current dividend yield of Oil India Limited is 5.3%.
6. Indian Oil Corporation (IOC): Indian Oil Corporation is a state-owned oil and gas company that is the largest commercial enterprise in India. The company has a strong dividend policy and has consistently paid dividends in the range of 40-50% of its profits. The current dividend yield of IOC is 6.1%.
7. Bharat Petroleum Corporation Limited (BPCL): Bharat Petroleum Corporation Limited is a state-owned oil and gas company that is engaged in the refining, marketing, and distribution of petroleum products. The company has a strong dividend policy and has consistently paid dividends in the range of 40-50% of its profits. The current dividend yield of BPCL is 6.3%.
8. Hindustan Petroleum Corporation Limited (HPCL): Hindustan Petroleum Corporation Limited is a state-owned oil and gas company that is engaged in the refining, marketing, and distribution of petroleum products. The company has a strong dividend policy and has consistently paid dividends in the range of 40-50% of its profits. The current dividend yield of HPCL is 5.5%.
9. Power Grid Corporation of India Limited (PGCIL): Power Grid Corporation of India Limited is a state-owned company that is engaged in the transmission of electric power. The company has a strong dividend policy and has consistently paid dividends in the range of 30-40% of its profits. The current dividend yield of PGCIL is 5.2%.
10. Rural Electrification Corporation Limited (REC): Rural Electrification Corporation Limited is a state-owned company that is engaged in the financing of rural electrification projects in India. The company has a strong dividend policy and has consistently paid dividends in the range of 30-40% of its profits. The current dividend yield of REC is 5.9%.

In conclusion, these top 10 dividend paying stocks in India offer a good investment opportunity for investors looking for a regular source of income. However, it is important to conduct thorough research and analysis

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