Investors seeking strong returns often overlook small-cap stocks, but some hidden gem stocks offer impressive dividend yields of up to 12 percent. These stocks combine growth potential with steady income, making them attractive for long-term investors. In this article, we explore top small-cap stocks that provide high dividend yields, ensuring both stability and profitability.
Here are a few small-cap stocks offering a high dividend yield up to 12 percent
Chennai Petroleum Corporation Limited
With a market capitalization of Rs. 6,728.56 crore, the shares of Chennai Petroleum Corporation Limited closed at Rs. 451.85 per equity share, down nearly around 3.95 percent from its previous day’s close price of Rs. 470.45.
Chennai Petroleum Corporation Limited has a dividend yield of 11.69 percent. The company’s ROE and ROCE are 9.28 percent and 8.38 percent, respectively.
Chennai Petroleum Corporation Limited (CPCL) was founded in 1965 and is engaged in refining crude oil and producing petroleum products, catering to domestic and industrial fuel needs in India.
MSTC Limited
With a market capitalization of Rs. 3,055.36 crore, the shares of MSTC Limited closed at Rs. 434 per equity share, down nearly around 4.11 percent from its previous day’s close price of Rs. 452.60.
MSTC Limited has a dividend yield of 3.42 percent. The company’s ROE and ROCE are 18.69 percent and 24.67 percent, respectively.
MSTC Limited was established in 1964 and is engaged in e-commerce, trading, and recycling, specializing in e-auctions for government and private entities and managing metal scrap disposal.
Jagran Prakashan Limited
With a market capitalization of Rs. 1,465.90 crore, the shares of Jagran Prakashan Limited closed at Rs. 67.35 per equity share, down nearly around 3.39 percent from its previous day’s close price of Rs. 69.71.
Jagran Prakashan Limited has a dividend yield of 7.17 percent. The company’s ROE and ROCE are 9.5 percent and 11.94 percent, respectively.
Jagran Prakashan Limited was founded in 1942 and is engaged in media and publishing, operating leading newspapers like Dainik Jagran and various digital and radio businesses.
Balmer Lawrie Investment Limited
With a market capitalization of Rs. 1,363.58 crore, the shares of Balmer Lawrie Investment Limited closed at Rs. 61.43 per equity share, down nearly around 4.21 percent from its previous day’s close price of Rs. 64.13.
Balmer Lawrie Investment Limited has a dividend yield of 5.93 percent. The company’s ROE and ROCE are 13.68 percent and 26.42 percent, respectively.
Balmer Lawrie Investment Limited was established in 2001 and is engaged in holding investments, primarily in Balmer Lawrie & Co. Ltd., a diversified public sector enterprise.
D B Corp Limited
With a market capitalization of Rs. 3,639.29 crore, the shares of D B Corp Limited closed at Rs. 204.25 per equity share, down nearly around 6.86 percent from its previous day’s close price of Rs. 219.30.
D B Corp Limited has a dividend yield of 5.93 percent. The company’s ROE and ROCE are 20.84 percent and 25.01 percent, respectively.
D B Corp Ltd was founded in 1995 and is engaged in print media, publishing leading newspapers like Dainik Bhaskar, and operating radio and digital media platforms.
Gujarat Pipavav Port Limited
With a market capitalization of Rs. 6,043 crore, the shares of Gujarat Pipavav Port Limited closed at Rs. 125 per equity share, down nearly around 3.40 percent from its previous day’s close price of Rs. 129.40.
Gujarat Pipavav Port Limited has a dividend yield of 5.64 percent. The company’s ROE and ROCE are 17.12 percent and 23.57 percent, respectively.
Gujarat Pipavav Port Limited was established in 1992 and is engaged in port operations, managing container and bulk cargo handling at India’s first private sector port.
PTC India Limited
With a market capitalization of Rs. 4,116 crore, the shares of PTC India Limited closed at Rs. 139.05 per equity share, down nearly around 1.42 percent from its previous day’s close price of Rs. 141.05.
PTC India Limited has a dividend yield of 5.53 percent. The company’s ROE and ROCE are 10.6 percent and 13.34 percent, respectively.
PTC India Limited was founded in 1999 and is engaged in power trading and energy solutions, facilitating electricity supply and renewable energy transactions across India.
Rites Limited
With a market capitalization of Rs. 9,823.54 crore, the shares of Rites Limited closed at Rs. 204.40 per equity share, down nearly around 3.90 percent from its previous day’s close price of Rs. 212.70.
Rites Limited has a dividend yield of 4.23 percent. The company’s ROE and ROCE are 15.42 percent and 20.83 percent, respectively
RITES Limited was established in 1974 and is engaged in engineering and consultancy, providing transport infrastructure solutions for railways, highways, and urban planning projects.
Balmer Lawrie and Company Limited
With a market capitalization of Rs. 2,582.16 crore, the shares of Balmer Lawrie and Company Limited closed at Rs. 151 per equity share, down nearly around 4.98 percent from its previous day’s close price of Rs. 158.25.
Balmer Lawrie and Company Limited has paid a dividend yield of 5.37 percent. The company’s ROE and ROCE are 14.95 percent and 15.26 percent, respectively
Balmer Lawrie and Company Limited was founded in 1867 and is engaged in logistics, manufacturing, and services, specializing in lubricants, travel, and industrial packaging.
Written By – Nikhil Naik
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