SHARE WITH 25.34% DIVIDEND?

  Top 5 Indian stocks which provide great dividend

1.  Hindustan Zinc Ltd:

Hindustan Zinc is one of the world’s largest and India’s only integrated Zinc-Lead-Silver producer. It provides an annual dividend of 25.34% and its share price on 02/10/2023 is 308.40 INR with a rise of +10.45 (3.51%). It can be a great stock for a person who is looking for a stock with great dividend. There is also a plus point about this company which is that it has very little debt and also high goodwill which makes it a good quality company. Hindustan Zinc has a market cap of Rs 1,32,422 Cr.

2. Coal India Ltd:

The objective of Coal India Limited is to produce and market coal and coal products in planned quantities in an environmentally friendly manner, efficiently and economically while giving due respect to safety, conservation and quality. It provides an annual dividend of 8.36% and its share price on 02/10/2023 is 295.20 INR with a rise of  +5.00 (1.72%). Coal is a fuel and it is not possible for humans to produce it so this resource is limited on Earth which makes it highly efficient and valuable and because Coal India produces and markets coal this makes it a high value company which can definitely provide great profit to it’s shareholders in the upcoming time. Coal India Ltd has a market cap of  1.82 trillion INR.

3. Oil and Natural Gas Corporation Ltd:

ONGC is one of the largest E&P company in India with in-house service capabilities in all the activity areas of exploration and production of oil & gas and related oil-field services. It provides an annual dividend of 6.00% and its share price on 02/10/2023 is 191.75 INR with a rise of +4.30 (2.29%). It is  under the ownership of Ministry of Petroleum and Natural Gas, Government of India. A a very good thing about this company is that it is very much focused on technologies. They are planning on buying new technologies which will make the company more efficient and will reduce the import of oil and gas from abroad in India which will make this company more valuable and  there are chances that this company can provide good profit in long term. ONGC Ltd has a market cap of 2.41 trillion INR.

4. Power Grid Corporation of India Ltd:

Power Grid Corporation of India Ltd is an electric service company under the ownership of the Ministry of Power, Government of India. it provides an annual dividend of 5.51% and its share price on 02/10/2023 is 200.20 INR with a downfall of −0.55 (0.27%). Power Grid Corporation of India Ltd works in the field of  transmission of bulk power across different states of India and is under the ownership of  Ministry of Power, Government of India. according to sources and reports Power Grid Corporation of India Ltd is a good value company if you are willing to buy it for long term however you cannot expect very much from this company in terms of returns in short term. it is India‘s largest  Electric Power Transmission Utility and is Consistently rated “Excellent” under Memorandum of Understanding with Ministry of Power since 1993-94 so it is a good and safe stock and the plus point is that it is owned by the government so it can be a good choice for future. Power Grid Corporation of India Ltd has a market cap of 1.86 trillion INR.

5. GAIL India Ltd:

GAIL Limited is a central public sector undertaking under the ownership of the Ministry of Petroleum and Natural Gas, Government of India. It provides an annual dividend of  4.12%  and its share price on 02/10/2023 is 124.70 INR with a rise if +3.25 (2.68%). GAIL India is India’s leading natural gas company it has interests across the natural gas value chain of trading, transmission, LPG production & transmission, LNG re-gasification, petrochemicals, city gas, E&P, etc. GAIL can be a very good choice of share for future because it is already an efficient and profitable company and now they are planning on expanding its presence in renewable energy like Solar, Wind and Biofuel which can make this company of very high value. GAIL India Ltd has a market cap of  817.28 billion INR.