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List of Top Dividend Stocks in India (2025)

In the stock market, several high dividend paying companies stand out for their consistent and attractive dividend payouts, offering investors a reliable source of passive income. Here's the list of top high dividend stocks in India.

Best Dividend Stocks in India (2025)

Dividend Stocks

List of Highest Dividend Yielding Stocks listed in NSE.
last updated at 6:30 PM IST 
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Showing 1 - 20 of 29 results

last updated at 6:30 PM IST 
NameStocks (29)Sub-SectorSub-SectorMarket CapMarket CapClose PriceClose PriceDividend YieldDiv YieldPE RatioPE Ratio1M Return1M Return6M Return6M Return1Y Return1Y ReturnPB RatioPB RatioReturn on EquityReturn on EquityROCEROCE
1.Aster DM Healthcare LtdASTERDMHospitals & Diagnostic CentresHospitals & Diagnostic Centres30,099.4530,099.45582.40582.4020.4120.415.605.603.413.4119.1919.1978.9078.905.985.982.612.6184.6484.64
2.Vedanta LtdVEDLMetals - DiversifiedMetals - Diversified1,73,227.351,73,227.35443.55443.559.829.8211.5611.561.231.234.644.642.942.943.223.2231.2831.2829.1129.11
3.Coal India LtdCOALINDIAMining - CoalMining - Coal2,34,676.692,34,676.69380.80380.806.966.966.646.64-2.17-2.171.341.34-22.91-22.912.812.8151.5251.5227.4127.41
4.Hindustan Zinc LtdHINDZINCMining - DiversifiedMining - Diversified1,85,576.011,85,576.01439.20439.206.616.6117.9217.920.250.25-2.58-2.58-28.17-28.1712.2112.2155.1755.1763.5463.54
5.Castrol India LtdCASTROLINDCommodity ChemicalsCommodity Chemicals21,982.2621,982.26222.24222.245.855.8523.7123.718.058.0531.0831.08-17.97-17.979.659.6542.1542.1553.5753.57
6.Indraprastha Gas LtdIGLGas DistributionGas Distribution28,142.8328,142.83201.02201.025.475.4716.3816.38-0.46-0.466.506.50-24.85-24.852.922.9222.5822.5821.6321.63
7.Gujarat Pipavav Port LtdGPPLPortsPorts7,763.087,763.08160.58160.585.115.1119.5619.563.713.718.748.74-25.75-25.753.363.3614.7914.7921.7621.76
8.Oil and Natural Gas Corporation LtdONGCOil & Gas - Exploration & ProductionOil & Gas - Exploration & Production3,02,291.533,02,291.53240.29240.295.105.108.348.340.060.06-4.18-4.18-28.44-28.440.830.8314.7314.7312.0112.01
9.NMDC LtdNMDCMining - Iron OreMining - Iron Ore62,993.3762,993.3771.6571.654.614.619.639.634.004.0011.2111.21-6.49-6.492.452.4523.0623.0634.2034.20
10.REC LimitedRECLTDSpecialized FinanceSpecialized Finance1,05,526.451,05,526.45400.75400.754.494.496.646.640.930.93-6.48-6.48-34.09-34.091.521.5222.1922.193.993.99
11.National Aluminium Co LtdNATIONALUMMetals - AluminiumMetals - Aluminium35,568.2135,568.21193.66193.664.134.136.756.754.604.60-1.92-1.925.185.182.472.4714.4514.4544.4544.45
12.Gail (India) LtdGAILGas DistributionGas Distribution1,20,659.291,20,659.29183.51183.514.094.099.699.690.550.559.469.46-19.65-19.651.561.5613.9113.9116.3416.34
13.HCL Technologies LtdHCLTECHIT Services & ConsultingIT Services & Consulting4,03,713.614,03,713.611,490.101,490.104.034.0323.2223.22-11.67-11.67-12.96-12.96-6.14-6.145.915.9123.4923.4931.3431.34
14.Tata Consultancy Services LtdTCSIT Services & ConsultingIT Services & Consulting11,34,559.8811,34,559.883,135.803,135.804.024.0223.3723.37-7.51-7.51-22.86-22.86-27.45-27.4511.8511.8551.9051.9062.5962.59
15.Hero MotoCorp LtdHEROMOTOCOTwo WheelersTwo Wheelers84,620.6584,620.654,230.704,230.703.903.9019.3319.33-0.26-0.265.355.35-21.70-21.704.364.3623.5223.5228.7128.71
16.Power Finance Corporation LtdPFCSpecialized FinanceSpecialized Finance1,36,987.221,36,987.22415.10415.103.813.815.965.961.341.346.526.52-20.94-20.941.021.0216.0516.053.933.93
17.Canara Bank LtdCANBKPublic BanksPublic Banks1,00,466.531,00,466.53110.76110.763.613.615.735.732.292.2920.4820.48-1.01-1.010.940.9417.5617.568.408.40
18.Bank of India LtdBANKINDIAPublic BanksPublic Banks51,508.8851,508.88113.14113.143.583.585.395.39-1.47-1.478.498.49-4.75-4.750.640.6412.5912.595.355.35
19.UTI Asset Management Company LtdUTIAMCAsset ManagementAsset Management17,369.6117,369.611,355.901,355.903.543.5423.7523.7511.7911.7921.9921.9931.9731.973.373.3714.4414.4420.1220.12
20.ITC LtdITCFMCG - TobaccoFMCG - Tobacco5,12,717.475,12,717.47409.40409.403.503.5014.7614.76-1.54-1.54-6.98-6.98-11.67-11.677.287.2847.8347.8357.0057.00

Disclaimer: Please note that the above table is for informational purposes only, and is not recommendatory. Please do your own research or consult your financial advisor before investing. The data is derived from Tickertape Stock Screener and is subject to real-time updates.

Selection criteria: Stock Universe: Nifty 500, Dividend Yield (%): High | Market Cap: Sorted from Highest to Lowest

How to Invest in Dividend Sector Stocks?

Investing in dividend stocks using Tickertape is a straightforward process. Tickertape is a powerful stock analysis and screening tool that helps you make informed investment decisions. Here’s how you can use Tickertape to invest in dividend stocks:

  1. Sign Up and Log In: You can create an account on the Tickertape or log in if you already have one.
  2. Search for Dividend Stocks: Go to Tickertape Stock Screener and set the “Dividend Yield” filter
  3. Use Filters: You can apply over 200 filters to get stocks sorted based on criteria like market cap, P/E ratio, or dividend yield. You can create your own custom filter, in case your preferred parameters are not available. This can help you narrow down the top dividend stocks in India.
  4. Analyse Stock Data: Tickertape provides comprehensive data on each stock, including financials, performance metrics, future projections, red flags, and more. You can review this data to assess each company’s health and potential in depth.
  5. Add to Watchlist: You may keep track of potential investments by adding them to your watchlist.
  6. Invest Through Your Broker: Once you’ve decided on a stock, you can place a buy order through your brokerage account linked to Tickertape.

You can stay updated with each of your favourite stocks’ alerts and announcements with Tickertape Alerts. Further, you can analyse your overall portfolio and potential red flags in it by connecting it to Tickertape. Check out detailed analysis of your portfolio now!

Overview of the Highest Dividend Stocks in India

Aster DM Healthcare Ltd

Aster DM Healthcare is a prominent healthcare provider in India and the Middle East, operating hospitals, clinics, and pharmacies. It offers a broad spectrum of healthcare services, including emergency care, specialised treatments, and routine health check-ups. The company emphasises patient care, high-quality medical services, and accessibility for all.

Hindustan Zinc Ltd

Hindustan Zinc, a subsidiary of Vedanta Group, is one of India’s largest zinc producers. It specialises in mining, smelting, and refining zinc, lead, and silver. The company focuses on sustainable mining practices, leveraging technology to improve productivity while reducing environmental impact in its operations.

Castrol India Ltd

Castrol India manufactures and markets premium lubricants for the automotive, industrial, and marine sectors. A subsidiary of BP, Castrol India provides innovative oil solutions, specialising in engine oils, grease, and lubricants. The company emphasises sustainability, cutting-edge technology, and superior performance in its products, aiming to reduce environmental impact and improve engine life.

Coal India Ltd

Coal India Ltd (CIL) is the world’s largest coal producer and is one of the dividend-paying large-cap stocks. It ensures India's energy needs are met by supplying high-quality coal to power plants, industries, and other sectors.

Vedanta Ltd

Vedanta Ltd is a globally diversified natural resources company involved in mining, oil and gas, and metals production. Among the highest dividend paying stocks in india, its portfolio spans zinc, aluminium, iron ore, and copper, making it a key player in India's resource economy.

What Are Dividend Stocks?

Dividend stocks refer to shares of companies that distribute a portion of their earnings to shareholders, typically in the form of cash payments or additional shares. These dividends are generally paid on a regular basis, such as quarterly or annually. Companies that issue dividend stocks are often established with stable earnings. However, dividend payments are not guaranteed and can vary depending on the company's financial performance.

Calculation of Dividend

Dividend per share (DPS) represents the total dividends a company distributes for each outstanding share over a given period. This figure typically includes all types of dividends declared by the company. Dividend Per Share Formula: DPS = Total Dividends Paid in a Year ÷ Total Outstanding Shares This metric indicates the dividend amount attributable to each share during the period under review. A consistent or rising DPS may reflect stable earnings and a company’s approach to profit distribution. However, DPS alone does not guarantee future pay-outs or financial performance.

Types of Dividend

Special dividends refer to one-time cash payments that a company may distribute to its shareholders. These are typically linked to specific events that result in significant, unexpected gains for the company and are not part of its regular dividend policy. On the other hand, a final dividend is declared for a completed financial year, usually after the company’s accounts and financial statements for that period have been finalised and approved.

Forms of Dividend

Cash Dividend: A cash dividend refers to a payout made by a company in the form of cash for each share held. The amount declared per share is typically credited directly to shareholders’ registered bank accounts. Stock Dividend: A stock dividend occurs when a company distributes additional shares to existing shareholders instead of paying cash. For example, in a bonus issue with a 5:1 ratio, a shareholder would receive five additional shares for every one share already owned, increasing their total shareholding proportionately.

Advantages of Investing in Dividend Stocks in India

Steady Income Stream

Dividend-paying shares provide regular income, appealing to investors seeking consistent cash flow, especially retirees or those desiring passive income. So, they became the best dividend stocks india for retirees, as they offer financial stability and a steady stream of income.

Potential for Capital Appreciation

Beyond dividends, these stocks may increase in value over time, potentially contributing to long-term wealth accumulation and capital appreciation, which can impact the overall return on investment for shareholders.

Lower Risk Profile

Dividend-paying companies are often stable and less volatile, providing consistent income. These stocks may offer a more predictable investment option for those seeking steady returns with relatively lower risk.

Inflation Hedge

Firms with a history of growing dividends may help counter inflationary pressures, depending on their payout trends. Such dividend stocks with high payout ratios are often evaluated for their historical performance and payout trends.

Tax Advantages

In India, tax on dividend income up to ₹10 lakh per year is exempt for shareholders, making dividend-paying shares a tax-efficient income stream under current regulations.

Reinvestment Opportunities

Dividends received can be reinvested to purchase additional units of the same or other shares. This reinvestment can compound over time, especially in undervalued dividend stocks with room for growth.

Risks of Investing in Dividend Stocks

Dividend Cuts

Companies may reduce or eliminate dividend payments due to financial difficulties or changing business conditions. A reduction in dividends can impact the income generated from these stocks.

Price Volatility

While dividend stocks are often considered more stable than growth stocks, they are still subject to market fluctuations. A significant drop in the stock price may offset the benefits of receiving dividends.

Interest Rate Sensitivity

The top dividend-paying stocks may become less attractive if interest rates rise, as fixed-income investments like bonds may offer higher returns. This can lead to a decline in the demand for dividend stocks.

Inflation

Inflation can erode the purchasing power of dividend income over time. If dividends do not keep pace with inflation, the real value of the income generated from these stocks may decline.

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Factors to Consider Before Investing in Dividend Stocks

Dividend Yield

Assess the dividend yield, which reflects annual dividend income relative to the stock's price. This metric helps identify high dividend yield stocks in India, though investors need to consider the company’s financial strength alongside the yield.

Dividend History

A company’s track record of consistent dividend payments over 5 years is a strong indicator of stability. Many top dividend stocks in India provide regular dividends, even during market fluctuations.

Financial Health

Evaluating a firm’s balance sheet helps determine whether it can maintain its dividend policy. Stable dividend stocks with strong cash flow generally exhibit consistent earnings and conservative debt ratios.

Growth Prospects

Evaluate the company's growth potential, as businesses with promising future growth often show an ability to raise dividends. Investors may want to explore dividend stocks with higher growth rates, depending on their income preferences. Additionally, dividend stocks for long-term investment tend to offer stability, while dividend stocks with high return on equity provide strong financial performance over time.

Sector Performance

Analyse the performance of the sector in which the company operates while evaluating the best dividend stocks in India for passive income. Sectoral trends can impact a company's profitability and its ability to maintain or grow dividend payouts.

Tax Implications

Be aware of the tax treatment of dividend income in India. Understanding applicable tax rates and reporting requirements is crucial for effective financial planning.

To Wrap Up

In conclusion, dividend stocks may offer a steady income stream and potential for capital appreciation. However, investors should consider factors like financial stability, dividend history, and sector performance before making decisions. Market conditions, interest rates, and inflation can also influence the reliability of dividend payments. Tickertape Stock Screener provides access to various stock screening and analysis features, which can help evaluate dividend stocks based on individual preferences. By using Tickertape’s portfolio, investors can track and evaluate their investments to stay informed about potential changes in their portfolio.

Frequently Asked Questions on Dividend Stocks

  1. 1. What are dividends?

    Dividends are part of the profit that shareholders earn on their shares for being part owners of the company. It can be paid in cash, stock, or other forms.

  2. 2. When do stocks pay dividends?

    Dividends are usually a part of the profit that the company shares with its shareholders. Hence, they are declared annually after a company finalises its income statement.

  3. 3. Can dividend payments change over time?

    Yes, companies may increase, decrease, or eliminate dividends based on profitability and financial strategies.

  4. 4. How can I find the top dividend stock list?

    You can find a dividend stocks list through stock screener platforms like Tickertape

  5. 5. What are dividend stocks with low debt and strong fundamentals in India?

    You can find the list of dividend stocks with low debt and strong fundamentals using Tickertape Stock Screener. With over 200+ filters, you can conduct fundamental analysis of stocks. However, individuals should consider seeking advice from a qualified financial advisor before making any investment decisions related to dividend-paying stocks.

  6. 6. What are the top 10 dividend-paying stocks in India?

    Some of the top dividend-paying stocks in India, sorted according to their dividend yields, are:
    1. Gujarat Pipavav Port Ltd
    2. Oil and Natural Gas Corporation Ltd
    3. Indraprastha Gas Ltd
    4. NMDC Ltd Ltd<

  7. 7. What are some of the highest dividend-paying stocks over the last 10 years in India?

    Over these last 10 years some of the top dividend-paying stocks include:
    1. IRB InvIT Fund
    2. Vedanta
    3. IL&FS Inv.Manag.
    4. MSTC

  8. 8. How to keep track of the upcoming dividend in 2025?

    To find out the upcoming dividend 2025 for 2025, investors can stay updated with stock market news and monitor announcements from companies. They can also use the Tickertape Stock Screener to find out the dividend yields of specific companies for comparison.