High Dividend Paying PSU Stocks of 2023 - Check details here
Oil and Natural Gas Corporation Limited (ONGC) paid a dividend of Rs 10.25 in 2023. The shares of this PSU have a dividend yield of 5.10 per cent.
High Dividend Paying PSU Stocks: There are several Public Sector Undertaking (PSU) companies that have paid good dividends in 2023. From Coal India to Oil and Natural Gas Corporation (ONGC). let's have a look at stocks of public sector companies that have paid good dividends.
Coal India
Coal India paid a dividend of Rs 24.50 in 2023. This means a dividend yield of 6.54 per cent.
BPCL
Bharat Petroleum Corporation Limited (BPCL) paid a total dividend of Rs 25 in 2023. It has a dividend yield of 5.56 per cent.
ONGC
Oil and Natural Gas Corporation Limited (ONGC) paid a dividend of Rs 10.25 in 2023. The shares of this PSU have a dividend yield of 5.10 per cent.
Power Grid
Power Grid Corporation of India Limited, a 'Maharatna' company, paid a dividend of Rs 13.75 in 2023. It has a dividend yield of 5.79 per cent.
Oil India
Oil India Limited is a central public sector undertaking and paid a dividend of Rs 19 this year. It has a dividend yield of 5.10 per cent.
PTC India
PTC India, a leading power trader, paid a dividend of Rs 7.80 in 2023. The shares of PTC India have a dividend yield of 4.10 per cent.
Petronet LNG
Petronet LNG, an Indian oil and gas company, paid a dividend of Rs 10 in 2023. At a current market price of Rs 222.65, it has a dividend.
Gujarat State Fertilizers & Chemicals
Shares of Gujarat State Fertilizers & Chemicals have a dividend yield of 4.14 per cent. The public sector company paid a dividend of Rs 10 in 2023.
National Aluminium Company
National Aluminium Company paid a dividend of Rs 5.50 in 2023 and has a dividend yield of Rs 4.16.
REC
REC Limited, formerly Rural Electrification Corporation Limited, paid a dividend of Rs 14.10 this year. It has a dividend yield of 3.4 per cent.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
12:40 PM IST