Top 10 highest dividend paying stocks in India for 2024

You have money to invest in the highest dividend paying stocks in India.The highest dividend paying stocks in India for 2023 are Vedanta Ltd., Indian Oil Corporation Ltd., REC Ltd., Power Finance Corporation Ltd., NMDC Ltd., HUDCO Ltd., NALCO, Coal India Ltd., Hindustan Zinc Ltd., and Hindustan Petroleum Corporation Ltd.

These companies have a strong market capitalization and offer a substantial dividend yield to their investors. Vedanta Ltd. leads the pack with a dividend yield of 38.3%. Indian Oil Corporation Ltd. and REC Ltd. have a dividend yield of 1.98% and 2.74% respectively.

Investors who are looking for a steady source of income can consider investing in these highest dividend paying stocks in India.