Dividend yield is a financial ratio that shows the annual dividend income as a percentage of a stock’s current price. It helps investors assess potential income from dividends. For example, if a stock priced at $100 pays a $5 annual dividend, its dividend yield is 5%.
High Dividend yield stocks that have reported net profit of up to 200%:
1. Hindustan Petroleum Corporation Ltd
Hindustan Petroleum Corporation Ltd is mainly engaged in the business of refining of crude oil and marketing petroleum products, production of hydrocarbons as well as providing services for management of E&P Blocks.
With a market capitalization of Rs 77,601.69 crore, the shares were trading at Rs 364.70 per share, increasing around 0.69 percent as compared to the previous closing price. The company has a Dividend yield of 5.76 percent.
Hindustan Petroleum Corporation Ltd reported positive results in Q3FY25, revenue increased by 11 percent on a quarter-on-quarter basis from Rs. 99,977 crore in Q2FY25 to Rs.110,608 crore in Q3FY25. Further, revenue dipped by 1 percent year on year, from Rs 111,348 crore in Q3FY24 to Rs. 110,608 crore in Q3FY25.
The company’s net profit increased by 1,679 percent on a quarter-on-quarter basis, from Rs. 143 crore in Q2FY25 to Rs. 2,544 crore in Q3FY25. Further, net profit magnified significantly by 256 percent year on year from Rs 713 crore in Q3FY24 to Rs. 2,544 crore in Q3FY25.
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2. Bharat Petroleum Corporation Ltd
Bharat Petroleum Corporation Limited is an India-based company, which is a producer, refiner, and distributor of petroleum products. Its business includes fuel services, Bharatgas, MAK Lubricants, refineries, gas, industrial & commercial, international trade and proficiency testing.
With a market capitalization of Rs1.17 lakh crore, the shares were trading at Rs 269.95 per share, increasing around 0.44 percent as compared to the previous closing price. The company has a Dividend yield of 7.79 percent.
Bharat Petroleum Corporation Ltd reported positive results in Q3FY25, revenue decreased by 2 percent on a quarter-on-quarter basis from Rs. 115,499 crore in Q2FY25 to Rs.113,166 crore in Q3FY25. Further, revenue increased by 10 percent year on year, from Rs 102,785 crore in Q3FY24 to Rs. 113,166 crore in Q3FY25.
The company’s net profit increased by 66 percent on a quarter-on-quarter basis, from Rs. 2,297 crore in Q2FY25 to Rs. 3,806 crore in Q3FY25. Further, net profit magnified significantly by 20 percent year on year from Rs 3,181 crore in Q3FY24 to Rs. 3,806 crore in Q3FY25.
Written by Abhishek Singh
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