Here are 15 largecap stocks for your portfolio with high dividend yields

According to a report released by Axis Securities, Vedanta has topped the list of large-cap stocks with the highest dividend yields

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Metals and mining sector player Vedanta has topped the list of large-cap stocks with the highest dividend yields, according to a report released by domestic brokerage firm Axis Securities. The list includes 15 large-cap companies that have generated the highest dividend yields over the past 12 months.

 

The dividend yield, calculated as a percentage, provides a valuable metric for evaluating the dividend payment on an investment relative to the stock's current market price, making it one of the essential tools for investors looking to pocket additional gains on their investments.  Notably, Anil Agarwal-led Vedanta, which leads the pack, has the highest dividend yield of 12 per cent, with a current dividend per share (DPS) of ₹8.5 and an annual dividend of ₹43.5.

 

This is followed by Hindustan Zinc, and Coal India, both with a dividend yield of 7 per cent, and a total dividend of ₹29 and ₹26.35 in the last 12 months, respectively.

 

Other companies on the list include Oil and Natural Gas Corporation (ONGC), Bharat Petroleum Corporation (BPCL), Indian Oil Corporation (IOC), REC, HCL Technologies, Power Finance Corporation, Hero MotoCorp, Gail (India), Tata Consultancy Services (TCS), Power Grid Corporation of India, Infosys, and ITC. 

That said, the fast-moving consumer goods (FMCG) giants were ranked at the bottom of the list, with a dividend yield of 3 per cent, a current dividend per share (DPS) of ₹6.5, and an annual dividend of ₹14 in the last 12 months. 

 

Here are the complete details of the top 15 large-cap stocks with the highest dividend yields, along with their key details:

 

Company Name	Industry	CMP (in Rs)	Mcap (INR Cr)	Current DPS (Rs)	Dividend in the Past 12 Mo (Rs)	Dividend Yield (Last 12 Mo)
Vedanta	Metals & Mining	374	1,46,268	8.5	43.5	12%
Hindustan Zinc	Metals & Mining	407	1,71,865	19	29	7%
Coal India	Metals & Mining	378	2,32,643	5.6	26.35	7%
Oil And Natural Gas Corporation	Oil & Gas	220	2,76,565	5	13.5	6%
Bharat Petroleum Corpn.	Oil & Gas	274	1,18,745	5	15.5	6%
Indian Oil Corporation	Oil & Gas	128	1,80,879	7	7	5%
REC	Financials	384	1,01,208	3.6	20.4	5%
HCL Technologies	IT	1374	3,72,885	6	60	4%
Power Finance Corporation	Financials	395	1,30,371	3.5	16.25	4%
Hero MotoCorp	Auto & Anc	3527	70,542	100	140	4%
Gail (India)	Oil & Gas	169	1,11,139	6.5	6.5	4%
Tata Consultancy Services	IT	3274	11,84,580	66	124	4%
Power Grid Corporation of India	Utilities	289	2,69,159	3.25	10.5	4%
Infosys	IT	1397	5,80,107	21	49	4%
ITC	Staples	406	5,08,136	6.5	14	3%

(Source: Axis Securities) 

As investors continue to navigate ongoing economic uncertainties, these companies have remained steadfast in maintaining healthy payouts, making them an attractive choice for income-seeking investors.