These Top 5 Companies in Indian Stock Market are giving returns of up to 25% Anual Dividend yield which is almost double that of any Bank Fixed Deposits in India.
1. Vedanta Ltd.
Vedanta Ltd is in the Sector of Non-Ferrous Metals. Vedanta’s major products are Zinc lead Silver, steel, iron ore, copper, oil and gas, aluminum, and power. The company has a market share of Rs.117054.60 Cr. With Earning per Share (EPS) of 38.99 and a Current Dividend Yield of 25.81% which is more than three times of any bank fixed deposits
Here is Vedanta Dividend Paying History.
| Ex-Date | Dividend Amount | Dividend Type | Record Date |
| 03-02-2023 | 12.50 | Interim | 04-02-2023 |
| 29-11-2022 | 17.50 | Interim | 30-11-2022 |
| 26-07-2022 | 19.50 | Interim | 27-07-2022 |
| 06-05-2022 | 31.50 | Interim | 09-05-2022 |
| 09-03-2022 | 13.00 | Interim | 10-03-2022 |
2. Indian Oil Corporation Ltd. (IOC)
Indian Oil Corporation Limited (IOCL) is a public-sector undertaking company under the ownership of the Ministry of Petroleum and Gas. It’s a fortune 500 company and India’s largest government-undertaking oil producer. Indian Oil Corporation Limited Current Market Cap is Rs. 113746 Cr., IOC has an EPS of 4.35 a Divided Yield of 14.15% which is double that of a Bank Fixed Deposit.
Here is Oil Corporation Ltd (IOC) Dividend Paying History
| Ex-Date | Dividend Amount | Dividend Type | Record Date |
| 11-08-2022 | 2.40 | Final | 12-08-2022 |
| 09-02-2022 | 4.00 | Interim | 10-02-2022 |
| 11-11-2021 | 5.00 | Interim | 12-11-2021 |
| 05-08-2021 | 1.50 | Final | 06-08-2021 |
| 23-03-2021 | 3.00 | Interim | 24-03-2021 |
3. Steel Authority of India Ltd. (SAIL)
Steel Authority of India (SAIL) is a Maharatana Company and a government undertaking company. SAIL is a leading steel manufacturing company producing special steel and basic steel for domestic construction and engineering needs. SAIL has an impressive market cap of Rs.35584 CR and EPS of Rs.8.46. SAIL has a current Dividend yield of 10.16% which is very high compared to any Bank Fixed deposits.
Here is Steel Authority of India Ltd. (SAIL) Dividend Paying History.
| Ex-Date | Dividend Amount | Dividend Type | Record Date |
| 28-07-2022 | 2.25 | Final | 29-07-2022 |
| 28-03-2022 | 2.50 | Interim | 29-03-2022 |
| 09-11-2021 | 4.00 | Interim | 10-11-2021 |
| 20-09-2021 | 1.80 | Final | 21-08-2021 |
| 04-02-2021 | 1.00 | Interim | 06-02-2021 |
4. Sanofi India Ltd.
Sanofi India Limited is a major pharmaceutical player in the World. Sanofi develops therapeutics medicines for cardiovascular disease and thermobaric diseases, Internal medicines, and vaccines. Sanofi’s portfolio consists of major brands like Combiflame, Soframycin, and Cardace etc. It has a Market Cap of Rs.12,347 Cr with EPS of 251.88. Sanofi India Limited is paying Dividends at a yield of 9.14 which is higher than a Bank Fixed Deposit.
Here is Sanofi India Limited Dividend Paying History.
| Ex-Date | Dividend Amount | Dividend Type | Announce Date |
| 05-08-2022 | 193.00 | Special | 13-07-2022 |
| 12-04-2022 | 309.00 | Special | 23-02-2022 |
| 12-04-2022 | 181.00 | Final | 23-02-2021 |
| 19-04-2021 | 240.00 | Special | 23-02-2021 |
| 19-04-2021 | 125.00 | Final | 06-02-2021 |
5. National Aluminium Company Ltd. (NALCO)
National Aluminium Company Ltd is also a Government undertaking enterprise which is in the business of Aluminum, Casting, alumina refining, power generation, port operations, and railways. NALCO has a market cap of Rs.14775 Cr. and an EPS (Earning per share) of 10.70. The current Nalco Dividend yield is of 8.08 again which is similar to or higher than bank fixed deposits.
Here is National Aluminium Company Ltd. (NALCO) Dividend Paying History
| Ex-Date | Dividend Amount | Dividend Type | Record Date |
| 25-01-2023 | 1.00 | Interim | 27-01-2023 |
| 15-09-2022 | 1.50 | Final | 16-09-2022 |
| 17-02-2022 | 3.00 | Interim | 19-02-2022 |
| 24-11-2021 | 2.00 | Interim | 25-11-2021 |
| 23-09-2021 | 1.00 | Final | 24-09-2021 |
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