NSE DECLARATIONS + BHAVCOPY · UPDATED EVERY EVENING
High dividend stocks today
50 NSE shares yield at least 3% on dividends declared in the twelve months to , out of 708 liquid shares that declared a dividend in rupees per share. For scale, the median payer yields 0.55% — so this is roughly the top 7% of dividend payers.
What an ordinary dividend yield looks like
This is the context nearly every page on this topic leaves out. Across the 708 liquid NSE shares that declared a dividend in the trailing year:
Read that before reading the table. A stock yielding 2% is around the market norm for a payer; one above 6.25% is in the top percentile and is worth checking for a special dividend or a price collapse before anything else. The exchange expressed 63 declarations in this window as a percentage of face value rather than in rupees per share; those are excluded from every figure here rather than guessed at.
| # | Stock | Yield | Dividend / share | Declarations | Close | Latest ex-date | Turnover (₹ cr) | Gale research |
|---|---|---|---|---|---|---|---|---|
| 1 | PTC PTC INDIA LIMITED | 21.01% | ₹31.50 | 3 | 149.93 | 7.5 | Not covered | |
| 2 | CESC CESC LIMITED | 8.83% | ₹12.00 | 2 | 135.90 | 8.5 | Not covered | |
| 3 | INDOBORAX INDO BORAX & CHEMICALS LIMITED special | 8.47% | ₹40.00 | 1 | 472.40 | 10 | Not covered | |
| 4 | HINDPETRO HINDUSTAN PETROLEUM CORPORATION LIMITED | 7.01% | ₹24.25 | 2 | 346.00 | 86 | Not covered | |
| 5 | VEDL VEDANTA LIMITED | 6.50% | ₹16.00 | 2 | 246.10 | 182 | Research → | |
| 6 | COALINDIA COAL INDIA LIMITED | 6.35% | ₹26.50 | 4 | 417.20 | 185 | Research → | |
| 7 | IOC INDIAN OIL CORPORATION LIMITED | 6.33% | ₹8.25 | 3 | 130.38 | 154 | Research → | |
| 8 | GPPL GUJARAT PIPAVAV PORT LIMITED | 6.25% | ₹10.40 | 2 | 166.29 | 15 | Not covered | |
| 9 | ONGC OIL & NATURAL GAS CORPORATION LIMITED | 5.97% | ₹13.25 | 3 | 222.00 | 244 | Not covered | |
| 10 | BPCL BHARAT PETROLEUM CORPORATION LIMITED | 5.96% | ₹17.50 | 2 | 293.50 | 91 | Not covered | |
| 11 | RECLTD REC LIMITED | 5.91% | ₹18.20 | 5 | 307.80 | 164 | Not covered | |
| 12 | CASTROLIND CASTROL INDIA LIMITED | 5.82% | ₹11.50 | 2 | 197.74 | 43 | Research → | |
| 13 | PFC POWER FINANCE CORPORATION LIMITED | 5.63% | ₹18.75 | 5 | 333.25 | 584 | Not covered | |
| 14 | ITC ITC LIMITED | 5.50% | ₹14.50 | 2 | 263.50 | 342 | Research → | |
| 15 | RSYSTEMS R SYSTEMS INTERNATIONAL LIMITED | 5.35% | ₹14.00 | 2 | 261.50 | 13 | Research → | |
| 16 | BATAINDIA BATA INDIA LIMITED | 5.32% | ₹34.00 | 2 | 638.65 | 31 | Not covered | |
| 17 | UNIPARTS UNIPARTS INDIA LIMITED special | 5.23% | ₹38.50 | 3 | 735.45 | 5.6 | Not covered | |
| 18 | HCLTECH HCL TECHNOLOGIES LIMITED | 5.22% | ₹72.00 | 5 | 1380.00 | 907 | Research → | |
| 19 | HINDCOMPOS HINDUSTAN COMPOSITES LIMITED special | 5.19% | ₹23.00 | 2 | 443.25 | 6.6 | Not covered | |
| 20 | NMDC NMDC LIMITED | 4.88% | ₹3.50 | 2 | 71.69 | 110 | Not covered | |
| 21 | GULFOILLUB GULF OIL LUBRICANTS INDIA LIMITED | 4.68% | ₹51.00 | 2 | 1089.90 | 5.7 | Not covered | |
| 22 | TCS TATA CONSULTANCY SERVICES LIMITED special | 4.54% | ₹112.00 | 4 | 2465.00 | 2,999 | Research → | |
| 23 | CHENNPETRO CHENNAI PETROLEUM CORPORATION LIMITED | 4.41% | ₹62.00 | 2 | 1406.60 | 204 | Not covered | |
| 24 | WIPRO WIPRO LIMITED | 4.34% | ₹8.00 | 2 | 184.40 | 1,370 | Not covered | |
| 25 | INFY INFOSYS LIMITED | 4.13% | ₹48.00 | 2 | 1161.20 | 2,969 | Research → | |
| 26 | GICRE GENERAL INSURANCE CORPORATION OF INDIA | 4.05% | ₹13.25 | 1 | 327.55 | 24 | Not covered | |
| 27 | GUJENERGY GUJARAT ENERGY LIMITED | 4.00% | ₹8.90 | 1 | 222.62 | 15 | Not covered | |
| 28 | OFSS ORACLE FINANCIAL SERVICES SOFTWARE LIMITED | 3.85% | ₹400.00 | 2 | 10386.00 | 242 | Not covered | |
| 29 | RITES RITES LIMITED | 3.84% | ₹8.05 | 4 | 209.79 | 38 | Not covered | |
| 30 | HUDCO HOUSING & URBAN DEVELOPMENT CORPORATION LIMITED | 3.82% | ₹6.15 | 5 | 161.09 | 18 | Not covered | |
| 31 | GNFC GUJARAT NARMADA VALLEY FERTILIZERS AND CHEMICALS LIMITED | 3.72% | ₹21.00 | 1 | 564.20 | 14 | Not covered | |
| 32 | BANKBARODA BANK OF BARODA | 3.69% | ₹8.50 | 1 | 230.40 | 119 | Not covered | |
| 33 | INDIAMART INDIAMART INTERMESH LIMITED special | 3.69% | ₹60.00 | 1 | 1627.20 | 5.6 | Research → | |
| 34 | INDUSTOWER INDUS TOWERS LIMITED | 3.65% | ₹14.00 | 1 | 383.30 | 68 | Not covered | |
| 35 | POWERGRID POWER GRID CORPORATION OF INDIA LIMITED | 3.59% | ₹9.00 | 3 | 250.45 | 297 | Not covered | |
| 36 | PGHH PROCTER & GAMBLE HYGIENE AND HEALTH CARE LIMITED special | 3.56% | ₹255.00 | 2 | 7169.00 | 7.1 | Research → | |
| 37 | CANBK CANARA BANK | 3.55% | ₹4.20 | 1 | 118.29 | 380 | Not covered | |
| 38 | NATIONALUM NATIONAL ALUMINIUM COMPANY LIMITED | 3.55% | ₹11.50 | 4 | 324.25 | 168 | Research → | |
| 39 | HEROMOTOCO HERO MOTOCORP LIMITED | 3.54% | ₹185.00 | 2 | 5225.00 | 260 | Not covered | |
| 40 | BANKINDIA BANK OF INDIA | 3.51% | ₹4.65 | 1 | 132.36 | 61 | Not covered | |
| 41 | PETRONET PETRONET LNG LIMITED | 3.41% | ₹10.00 | 2 | 293.00 | 49 | Not covered | |
| 42 | PCBL PCBL CHEMICAL LIMITED | 3.39% | ₹10.50 | 2 | 309.30 | 10 | Not covered | |
| 43 | GSFC GUJARAT STATE FERTILIZERS & CHEMICALS LIMITED | 3.36% | ₹5.00 | 1 | 148.86 | 9.2 | Not covered | |
| 44 | GILLETTE GILLETTE INDIA LIMITED special | 3.32% | ₹240.00 | 2 | 7226.50 | 12 | Research → | |
| 45 | IGL INDRAPRASTHA GAS LIMITED | 3.32% | ₹4.75 | 2 | 143.06 | 11 | Not covered | |
| 46 | GAIL GAIL (INDIA) LIMITED | 3.27% | ₹5.50 | 2 | 168.10 | 150 | Not covered | |
| 47 | IEX INDIAN ENERGY EXCHANGE LIMITED | 3.25% | ₹3.50 | 2 | 107.55 | 36 | Research → | |
| 48 | CENTRALBK CENTRAL BANK OF INDIA | 3.24% | ₹1.00 | 3 | 30.88 | 12 | Not covered | |
| 49 | SONATSOFTW SONATA SOFTWARE LIMITED | 3.19% | ₹7.90 | 4 | 248.00 | 136 | Not covered | |
| 50 | BEPL BHANSALI ENGINEERING POLYMERS LIMITED | 3.11% | ₹4.00 | 4 | 128.56 | 9.8 | Not covered |
The three columns to read before the yield column
A yield on its own is the least informative number in this table, because the same figure is produced by three different situations that call for completely different conclusions.
- Declarations. A yield resting on one declaration is a different fact from the same yield resting on four. One payout in twelve months may be an annual final dividend, or it may be the only dividend the company has ever paid. Four suggests a policy.
- The special tag. Where the exchange described a declaration as special, part of this yield is a one-off — an asset sale, an arbitration award, a return of surplus capital. It is arithmetically in the trailing figure and it will not be there next year.
- Close. Read it against the stock's own recent range. A yield that has risen because the price fell is the commonest high-yield case in any Indian screen, and it is invisible in the yield column by construction.
What this screen cannot see
Two of the four tests that decide whether a dividend is sustainable are not in the exchange's corporate-actions feed at all, and no page built on that feed can apply them.
The payout ratio — dividends as a share of net profit — is the better sustainability signal, and a ratio above 100% means the company distributed more than it earned that year. Free cash flow is the harder test: a dividend paid out of operating cash flow after capital expenditure is structurally safer than one paid out of accounting profit. Both come from the company's own filed results. Our guide to screening for high dividend stocks sets out the full six-condition screen, of which this page applies the first.
The sector concentration to expect
A high-yield screen on the Indian market does not produce a diversified list, and this one will not either. It clusters in public sector undertakings, where government ownership makes dividends a fiscal channel; in regulated utilities and power, where returns are stable and capital needs predictable; and in mature commodity producers returning cash at the top of a cycle. That concentration is a property of the screen rather than a failure of it — but a portfolio assembled from this table alone is a bet on a few sectors and on government dividend policy, whatever it looks like counted by stock names.
Related reading and screens
- How to screen for high dividend stocks — the six conditions, and the four ways a yield figure misleads.
- Dividend yield meaning — the ratio, and the three it gets confused with.
- Tax on dividend income — why the after-tax yield differs for every holder.
- Dividend record date calendar — the upcoming ex-dates behind the next twelve months of this table.
- Bonus and split record dates — the corporate actions this page restates declarations for.
Dividend yield questions
Which stocks pay the highest dividends in India?
It changes daily, because yield divides a dividend declared months ago by a price that moves every second. The table above is computed fresh from NSE's corporate-actions feed and the latest bhavcopy, covering declarations with an ex-date in the twelve months to 16 October 2026. Any list published without that date and that method is a snapshot of someone else's calculation on a day they did not state.
What is a good dividend yield in India?
Lower than most readers expect. Of the 708 liquid NSE shares that declared a parseable dividend in the trailing year, the median yields 0.55% and only the top 1% clear 6.25%. Indian companies have historically retained earnings for growth rather than distributed them, so the broad market yields well under global norms.
Why does a high dividend yield often mean a falling stock?
Because the price is the denominator. A company that holds its dividend while its share price halves doubles its yield without changing its policy at all. The highest-yielding names in any Indian screen are disproportionately stocks that have fallen hard, and the yield is reporting the fall. That is why this page shows the number of declarations and flags special dividends rather than ranking on yield alone.
Does this list include special or one-off dividends?
Yes, and it marks them. A company that sold a division or won an arbitration may declare a one-off dividend many times its usual payout, and every trailing-yield screen in the market will show it at a spectacular yield for the next twelve months. Rows containing a declaration the exchange described as "special" carry a tag, because that part of the yield will not repeat.
How is the dividend adjusted for bonus issues and stock splits?
A dividend of ₹10 declared before a 1:1 bonus is ₹5 per share held today, because there are twice as many shares. This page divides every historical declaration by the cumulative bonus and split ratio between its ex-date and now, so the dividend and the price are in the same share count. Rows where that mattered are marked. A bonus of preference shares is never applied to the equity figure.
Are dividends taxed in India?
Since 2020 they are taxed in the recipient’s hands at their slab rate, with TDS deducted by the company above a per-company threshold. That means the same stock has a different after-tax yield for every holder: a 5% gross yield is 3.5% at a 30% slab. No published yield figure can account for this because it depends on the reader, not the share.
Is a high dividend yield a reason to buy a stock?
This page does not say so and cannot. It applies a stated, mechanical rule to exchange-published data and prints the result with its distribution. Whether a payout is affordable depends on the payout ratio and cash flow, which are in the company’s filings rather than in this feed, and whether a stock is worth owning is a judgement no screen makes.