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Dividend stocks: Coal India, TCS, HUDCO, HCL Tech, GAIL among top 10 dividend paying stocks - Check yield, annual return

Coal India, TCS, HUDCO, HCL Tech, and GAIL named top dividend-paying stocks with yield and return data.

Context

What happened: A Mint report listed Gujarat Pipavav Port, Coal India, ONGC, REC, Tata Consultancy Services, HCL Technologies, Petronet LNG, Power Finance Corporation, HUDCO and GAIL India among top dividend paying companies by yield and payout. Key numbers: Coal India yield 6.72% with ₹26.50 per share dividend, closed 1.13% lower at ₹394.90. Gujarat Pipavav Port yield 6.45%, closed 2.21% lower at ₹161.15. Why it matters: The report states dividend yield measures the immediate cash returns investors get from a stock relative to its current share price.

What changed

A Mint report listed Gujarat Pipavav Port, Coal India, ONGC, REC, Tata Consultancy Services, HCL Technologies, Petronet LNG, Power Finance Corporation, HUDCO and GAIL India among top dividend paying companies by yield and payout.

Why it matters

The report states dividend yield measures the immediate cash returns investors get from a stock relative to its current share price.

Sources

mint