Published on 6 May 2024 on Simply Wall St. via Yahoo Finance
Exploring Top Dividend Stocks In India May 2024
In the past year, India's stock market has shown remarkable growth, rising by 45%, though it has remained flat over the last week. Given these conditions and with earnings expected to grow by 17% annually, investors might consider dividend stocks as a potentially stable component in their portfolios amidst this dynamic market environment.
Top 10 Dividend Stocks In India
NameDividend YieldDividend RatingBhansali Engineering Polymers (BSE:500052)3.99%★★★★★★Castrol India (BSE:500870)3.82%★★★★★☆Balmer Lawrie Investments (BSE:532485)4.58%★★★★★☆HCL Technologies (NSEI:HCLTECH)3.84%★★★★★☆Indian Oil (NSEI:IOC)8.20%★★★★★☆Indraprastha Gas (NSEI:IGL)3.08%★★★★★☆Gujarat Narmada Valley Fertilizers & Chemicals (NSEI:GNFC)4.38%★★★★★☆VST Industries (BSE:509966)3.77%★★★★★☆PTC India (NSEI:PTC)3.33%★★★★★☆Rashtriya Chemicals and Fertilizers (NSEI:RCF)3.51%★★★★★☆