Dividends are usually paid out of the profits that the company earns. Here is the list of month-wise dividend-yielding stocks from January to December of the year, based on recent data.
January:
Tata Consultancy Limited
Tata Consultancy Services Ltd is a leading global IT service it is the flagship company and part of the Tata group TCS specializes in offering a consulting-led, cognitive-powered, integrated portfolio of business, technology, and engineering services and solutions It has a global presence, deep domain expertise in multiple industry verticals and a complete portfolio of IT services.
Market cap: Rs. 11,84,109 crores
Dividend Yield: 3.79%
Dividend in Jan 2024: Rs.18
Special dividend in Jan: Rs 9
February
Natco Pharma Limited
NATCO Pharma Limited (NATCO) is a vertically integrated, research and development-focused pharmaceutical company specialized in developing, manufacturing, and marketing complex products for niche therapeutic areas, the company’s FDF products are sold in the United States, India, Europe, and the rest of the world.
Market cap: Rs . 14,814 crores
Dividend Yield: 1.15%
Dividend in Feb 2024: Rs.1.25
March
Power Finance Corporation Ltd
Power Finance Corporation Limited is a Systemically Important Non-Deposit NBFC registered with the RBI as an Infrastructure Finance Company and a Non-Banking Financial Company providing fund and non-fund-based support for the development of the Indian power sector. The Company is engaged in power sector financing, the integrated development of the power and associated sectors
Market cap: Rs.1,39,891 crores
Dividend Yield:3.18%
Dividend in March 2024: Rs.3
April
Sun TV Network Ltd
Sun TV Network is primarily involved in television broadcasting. Besides, it produces and distributes movies under the banner Sun Pictures. It also has broadcasting satellite television and radio software programming in regional languages The Company currently operates television channels in 4 South Indian languages and also in Bangla and Marathi, predominantly to viewers in India, and also to viewers in Sri Lanka, Singapore, Malaysia, United Kingdom, Europe, Middle East, United States, Australia, South Africa and Canada.
Market cap: Rs. 26,882 crores
Dividend Yield: 2.46%
Dividend in April 2024: Rs.3
May
State Bank of India
State Bank of India was incorporated on 01 July 1955 and is an Indian multinational, public sector banking and financial services institution headquartered in Mumbai. It is the largest and oldest bank in India with over 200 years of history The Government of India nationalized the Imperial Bank of India in the year 1955, with the Reserve Bank of India taking a 60% stake, and the name was changed to the State Bank of India.
Market cap: Rs. 6,88,757 crores
Dividend Yield: 1.78%
Dividend in May 2024: Rs. 13.70
June
Asian Paints Ltd
Asian Paints is the largest home decor company in India. The 80+ year-old company has major brands like Asian Paints, Apco, etc under its umbrella.The Company, along with its subsidiaries, has operations in 15 countries globally with 27 paint manufacturing facilities servicing consumers in more than 60 countries.
Market cap: Rs. 2,35,900 crores
Dividend Yield: 1.35%
Dividend in June 2024: Rs.28.15
July
Abbott India Ltd
Abbott India Ltd. is one of the leading multinational pharmaceutical companies in India and operates with an owned manufacturing facility in Goa and various independent contract and third-party manufacturers based across the country. The Company sells its products through independent distributors primarily in India
Market cap: Rs. 65,271 crores
Dividend Yield: 1.33%
Dividend in July 2024: Rs. 410
August
Vedanta Ltd
Vedanta Limited, is a leading global natural resources conglomerate operating across India, Namibia, South Africa, Liberia and UAE. It is headquartered in Mumbai, India. Vedanta has a diversified portfolio and produces commodities vital for global decarbonisation and materials-intensive energy transition.
Market cap: Rs . 1,55,848 crores
Dividend Yield:7.04%
Dividend in August 2024: Rs 4
September
Bharat Dynamics Limited
Bharat Dynamics Limited is one of the leading defense PSUs in India engaged in the manufacture of surface-to-air missiles, Anti-Tank Guided Missiles, Underwater weapons, Launchers, counter-countermeasures dispensing Systems, and Test Equipment. The Company is engaged in the business of refurbishment and life extension of stored and deployed missiles.
Market cap: Rs. 51,265 crores
Dividend Yield: 0.38%
Dividend in Sep 2024: Rs.0.85
October
Infosys Ltd
Infosys Limited is a global technology services firm that defines, designs, and delivers information technology-enabled business solutions to its clients. The Company is a leading provider of consulting, technology, outsourcing, and next-generation digital services, to enable clients to create and execute strategies for their digital transformation.
Market cap: Rs. 5,86,856 crores
Dividend Yield: 3.25%
Dividend in Oct 2024: Rs. 21
November
Oil & Natural Gas Corp Ltd
Maharatna, Oil and Natural Gas Corporation (ONGC) is the largest crude oil and natural gas Company in India, contributing around 75% to Indian domestic production. The Company is engaged in exploration, development, and production of crude oil, natural gas, and value-added products.
Market cap: Rs. 3,03,436 crores
Dividend Yield: 5.08%
Dividend in Nov 2024: Rs.6
December
Can Fin Homes Ltd
Can Fin Homes Ltd. (CFHL), is a leading housing finance institution approved by National Housing Bank (NHB), the apex authority of housing in the country. The Company offer housing loans for individual homes and affordable housing along with composite, and top-up loans.
Market cap: Rs 9,286.17 crores
Dividend Yield: 0.86%
Dividend in Dec 2024: Rs.6
Written By Likesh Babu S
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