Here are the top 5 high-paid dividend companies to invest in.
1. Coal India
Coal India is owned by the Ministry of Coal, Government of India. It is considered one of the substantial producers, as 80% coal demand is fulfilled by Coal india.
Coal India is the perfect choice for individuals to enhance their profit, as it mostly offers a dividend. In fact, since 2010, stocks started trading in stock exchanges, and 5.3% is the minimum dividend return provided by the company, as per the source.
In nine months of FY25, it has paid a dividend of ₹26.4 per share, translating into a yield of 7%.
Coal India Dividend History
Announcement Date | Ex-Dividend Date | Dividend Type | Dividend (Rs) |
15 Jan, 2025 | 31 Jan, 2025 | Interim | 5.6 |
14 Oct, 2024 | 05 Nov, 2024 | Interim | 15.75 |
02 May, 2024 | 16 Aug, 2024 | Final | 5 |
30 Jan, 2024 | 20 Feb, 2024 | Interim | 5.25 |
18 Oct, 2023 | 21 Nov, 2023 | Interim | 15.25 |
08 May, 2023 | 18 Aug, 2023 | Final | 4 |
18 Jan, 2023 | 08 Feb, 2023 | Interim | 5.25 |
2. Hindustan Zinc
Hindustan Zinc is one of the largest Zinc producers, and globally it is the second largest.
The company is also expanding into critical minerals and has won several blocks across the country, which will gradually start contributing to its revenues.
Hindustan Zinc is considered one of the leading firms because it pays the highest dividends to the stakeholders. In the last 20 years, it has given 38 times, with an average dividend of Rs 14.9 per share.
In FY2023, it paid 320 billion, and in FY 2024, 54.9 billion dividends to stakeholders.
Significantly, in FY 2023, there were substantial years for paying dividends. The reason behind it “Vedanta” Ltd, the parent company of Hindustan Zinc, has reduced its debt level.
Hindustan Zinc Dividend History
Announcement Date | Ex-Dividend Date | Dividend Type | Dividend (Rs) |
14 Aug, 2024 | 28 Aug, 2024 | Interim | 19 |
2 May, 2024 | 15 May, 2024 | Interim | 10 |
4 December, 2023 | 14 Dec, 2023 | Interim | 6 |
5 July, 2023 | 14 Jul, 2023 | Interim | 7 |
16 March, 2023 | 29 Mar, 2023 | Interim | 26 |
16 January, 2023 | 30 Jan, 2023 | Interim | 13 |
3. MSTC
MSTC was founded in 1964. It’s a government-owned company (Public Sector Undertaking) with the Government of India owning about 64.7% of it. It’s also classified as a Mini Ratna Category-I company.
It is known as a high-paying dividend company. Its dividend ratio, over the five years, is 38.8%, paid out ₹10 per share.
MSTC Dividend History
Announcement Date | Ex-Dividend Date | Dividend Type | Dividend (Rs) |
26 Mar, 2025 | 2 Apr, 2025 | Interim | 4.5 |
10 Feb, 2025 | 14 Feb, 2025 | Interim | 32 |
11 November, 2024 | 22 Nov, 2024 | Interim | 4 |
27 May, 2024 | 10 Sep, 2024 | Final | 5 |
8 Feb, 2024 | 20 Feb, 2024 | Interim | 5 |
03 November, 2023 | 16 Nov, 2023 | Interim | 5.5 |
23 May, 2023 | 12 Sep, 2023 | Final | 3.2 |
13 Feb, 2023 | 22 Feb, 2023 | Interim | 6.3 |
4. NALCO (National Aluminium Co Ltd):
National Aluminium Company Limited was founded on 7th January. Presently, this firm is one of the largest providers of bauxite, alumina, aluminum, and power complexes.
Currently, the Indian government owns 51.28% of NALCO’s equity capital. Moreover, it has a satisfactory revenue portion, which comes from different products, such as 73% revenue earned from aluminum and 27% revenue earned from chemicals. NALCO earns 67% from the domestic market and 33% from exports.
As per the source, over the last five years, NALCO has distributed 110% of its net profit as dividends, and shareholders received a ₹4 dividend per share.
However, its dividend payout in FY24 was the lowest in the last five years. Nevertheless, it paid a dividend of ₹8 per share in nine months of FY25, translating into a yield of 6%.
NALCO Dividend History
Announcement Date | Ex-Dividend Date | Dividend Type | Dividend (Rs) |
10 Feb, 2025 | 14 Feb, 2025 | Interim | 4 |
14 Nov, 2024 | 29 Nov, 2024 | Interim | 4 |
12 August, 2024 | 20 Sep, 2024 | Final | 2 |
13 Feb, 2024 | 23 Feb, 2024 | Interim | 2 |
9 Nov, 2023 | 22 Nov, 2023 | Interim | 1 |
11 August, 2023 | 15 Sep, 2023 | Final | 1 |
8 Mar, 2023 | 21 Mar, 2023 | Interim | 2.5 |
11 Jan, 2023 | 25 Jan, 2023 | Interim | 1 |
5. DB Corp:
DB Corp is known as one of the best print media companies. It has printed five newspapers and periodicals. Dainik Bhaskar and Divya Bhaskar are renowned amongst others.
Moreover, this company also runs radio stations, totaling 30 stations in 7 states. 94.3 FM is one of the famous channels.
In FY 2024, DB Corp has provided a 54.4% profit as a dividend, a ₹12.9 billion dividend to the shareholders. In FY2025, it gave a ₹20 per share dividend, translating into a yield of 8.7%.
DB Corp Dividend History
Announcement Date | Ex-Dividend Date | Dividend Type | Dividend (Rs) |
15 Oct, 2024 | 25 Oct, 2024 | Interim | 5 |
16 Jul, 2024 | 29 Jul, 2024 | Interim | 7 |
22 May, 2024 | 3 Jun, 2024 | Interim | 8 |
26 Oct, 2023 | 7 Nov, 2023 | Interim | 2 |
20 Jul, 2023 | 1 Aug, 2023 | Interim | 3 |
19 May, 2023 | 31 May, 2023 | Interim | 3 |
Conclusion
Choosing stocks that always give profit is not possible, but selecting stocks with strong fundamentals and a good history might give us satisfactory profit.
These all stocks have their history, so you could have a chance to gain profit by investing in them at your own risk.