Dividend stocks: From Coal India to Vedanta, here are 5 large-cap stocks with high dividend yields

Stock market today: Domestic blue-chip indexes Nifty 50 and Sensex continued their spectacular show on Tuesday, December 5, for the sixth straight session, amid healthy buying in financial stocks, metals, and mining stocks.

Share market: Domestic blue-chip indexes Nifty 50 and Sensex continued their spectacular show on Tuesday, December 5. Image: Freepik/ Representational image

Highest dividend paying stocks in India, Highest dividend paying large cap stocks: As the domestic benchmark indexes continued to scale fresh peaks on Tuesday, December 5, on a slew of positive factors, we have listed here five high-dividend-paying stocks from the large-cap space as per data available on Trendlyne that one should take a look at.

Vedanta dividend yield

Anil Agarwal-backed Vedanta is a natural resources and technology conglomerate spanning across India, South Africa, Namibia, Liberia, the UAE, Korea, Taiwan, and Japan, with significant operations in oil and gas, zinc, lead, silver, copper, iron ore, steel, nickel, aluminium, power, and glass substrates. The company is now foraying into semiconductors and display glass.

In the past 12 months, Vedanta has declared an equity dividend amounting to Rs 51.5 per share. At the current share price of Rs 241.9, this results in a dividend yield of over 21 per cent.

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Hindustan Zinc dividend yield

In the past 12 months, Hindustan Zinc Ltd. has declared an equity dividend amounting to Rs 52 per share. At the current share price of Rs 324.30, this results in a dividend yield of 16 per cent. Hindustan Zinc is the world’s second-largest integrated zinc producer and fifth-largest silver producer globally, as per the company's official website. Hindustan Zinc’s mines are located at Rampura Agucha, Sindesar Khurd, Rajpura Dariba, Zawar, and Kayad in the state of Rajasthan.

Coal India dividend yield

In the past 12 months, Coal India (CIL) has declared an equity dividend amounting to Rs 24.50 per share. This means a dividend yield of 6.89 per cent. CIL is a central public sector undertaking (PSU) under the ownership of the Ministry of Coal, Government of India.

Indian Oil Corporation dividend yield

In the past 12 months, Indian Oil Corporation has declared an equity dividend amounting to Rs 8 per share. At the current share price of Rs 117.10, this results in a dividend yield of 6.83 per cent. The New Delhi-headquartered Indian Oil Corporation is an Indian oil and gas company under the ownership of the Ministry of Petroleum and Natural Gas, Government of India. It is a public-sector undertaking whose operations are overseen by the Ministry of Petroleum and Natural Gas.

Power Grid dividend yield

In the past 12 months, Power Grid Corporation of India has declared an equity dividend amounting to Rs 13.75 per share. At the current share price of Rs 220.20, this results in a dividend yield of 6.24 per cent. Adjusting for bonuses and splits, the dividend yield is 5.14 per cent. The Gurugram-headquartered central public sector undertaking is under the ownership of the Ministry of Power, Government of India. It is engaged mainly in the transmission of bulk power across different states of India.

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