Business Standard

Here are top 10 stocks with highest average dividend yield for past 5 years

Coal India, IL&FS Investment and NMDC have average dividend yield of 7.3 per cent, 6.9 per cent and 5.9 per cent

Illustration: Binay Sinha
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Illustration: Binay Sinha

Samie Modak Mumbai
India Inc pays the highest dividend in the last quarter of a financial year. With less than three weeks for this fiscal year to end, a slew of companies are expected to dole out dividends to investors. Amid weakness in the secondary market, it could be a prudent strategy to invest in stocks that are high-dividend yielding.

Domestic brokerage Centrum has screened top 10 stocks with the highest average dividend yield for the past five years (see table). The list is dominated by public sector undertakings (PSUs).

“Investors can consider some of the high-dividend yield stocks to bring in regular

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