Apr 3, 2023
By: Rounak JainThe Anil Agarwal-led mining giant has announced five interim dividends in FY23, totaling ₹101.5. The dividend yield stands at 36 percent.
Credit: Vedanta
A Vedanta subsidiary, Hindustan Zinc has announced four interim dividends amounting to ₹75.5. Its dividend yield for FY23 stands at 25 percent.
Credit: Hindustan-Zinc
This government-owned finance company has declared dividend twice in FY23, totaling ₹12. The dividend yield stands at 15 percent.
Credit: IDFC
Sanofi India, a pharmaceutical company owned by French pharma giant Sanofi SA, has paid out dividends totaling ₹683 in FY23. The dividend yield comes in at 12 percent.
Credit: Sanofi-India
This investment trust company has declared a total dividend of ₹12 in FY23. While this may seem like a miniscule amount, it works out to a yield of 10 percent.
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This state-owned crude oil and natural gas explorer and producer has declared dividend thrice in FY23, amounting to ₹14 with a yield of 9 percent.
Credit: ONGC
Oil India is another state-owned enterprise engaged in the exploration and production of crude oil and natural gas. It has declared a total dividend of ₹19.5 in FY23, with its dividend yield standing at 7 percent.
Credit: Oil-India
The second pharma company in the list, GlaxoSmithKline has declared a dividend of ₹90 in FY23. Its dividend yield for the year stands at 7 percent.
Credit: Wikimedia
The first REIT entity in this list, Mindspace Business Parts has declared a dividend of ₹18.9 in FY23, with a yield of 6 percent.
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This portfolio and mutual fund manager has declared a dividend of ₹11.5 in FY23. Its yield stands at 6 percent.
Credit: Nippon-Life