High Dividend Yields: There are a lot of investors who want to buy stocks that offer good dividends. Shares with good dividend yield are always their priority as high dividend yield is an important parameter to find out how much money investors would receive in dividend payments each year. 

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Also, many believe that dividend yield plays an important role in stock selection to maximise returns, especially when markets are volatile and choppy. Here's the list of 10 large cap stocks prepared by Axis Securities that have offered the highest dividend yields in the last 1 year. 

Vedanta Limited: With a market cap of Rs 1,01,498 crore, the metals and mining company has a dividend yield of 20 per cent as it paid a Rs 50 dividend in the last 12 months.

Hindustan Zinc: This metals and mining company has a market cap of Rs 1,25,365 crore. It has paid a dividend of Rs 39 in the last 12 months and has a dividend yield of 13 per cent.

Coal India: This metals and mining company has a market cap of Rs 2,67,185 crore. It has paid a dividend of Rs 24.5 in the last 12 months and has a dividend yield of 6 per cent.
 
GAIL: This oil and gas company has a market cap of Rs 1,15,162 crore. It has paid a dividend of Rs 9.5 in the last 12 months and has a dividend yield of 6 per cent.
 
Power Grid: This PSU has a market cap of Rs 2,57,394 crore. It has paid a dividend of Rs 13.25 in the last 12 months and has a dividend yield of 5 per cent.
 
Indian Oil Corporation: The oil and gas company has a market cap of Rs 2,33,212 crore. It has paid a dividend of Rs 8 in the last 12 months and has a dividend yield of 5 per cent.

BPCL: The oil and gas company has a market cap of Rs 1,28,376 crore. It has paid a dividend of Rs 25 in the last 12 months and has a dividend yield of 4 per cent.
 
ONGC: This PSU has a market cap of Rs 3,30,861 crore. It has paid a dividend of Rs 4 in the last 12 months and has a dividend yield of 4 per cent.

Piramal Enterprises: This healthcare company has a market cap of Rs 19,328 crore. It has paid a dividend of Rs 31 in the last 12 months and has a dividend yield of 4 per cent.

ITC: The FMCG  has a market cap of Rs 5,34,831 crore. It has paid a dividend of Rs 15.75 in the last 12 months and has a dividend yield of 4 per cent.