PTC India leads dividend yields up to 9.7% among ten high-yield stocks
A September report by Religare Broking identified ten Indian companies offering dividend yields between 3.3% and 10%, with PTC India ranking first at 9.7%.
PTC India, Coal India, REC, ONGC, Gujarat Pipavav Port, Power Finance Corporation, and Tata Consultancy Services are among ten companies identified in a September report by Religare Broking as offering dividend yields ranging from 3.3% to 10%. PTC India topped the list with a 9.7% yield, trading at Rs 151 with a price-to-earnings ratio of 8.7. Its dividend per share dropped to Rs 7.80 in fiscal year 2025 from Rs 14.70 in 2024. Coal India recorded a 6.6% yield at a price of Rs 402, with a P/E of 7.9 and a dividend per share of Rs 25.50 in FY25 compared to Rs 26.40 previously. REC offered a 6.2% yield at Rs 315 with a P/E of 5.3, while ONGC had a 5.8% yield at Rs 232 with a dividend per share falling to Rs 12.30 in FY25. Gujarat Pipavav Port provided a 5.7% yield at Rs 168, and Power Finance Corporation delivered a 5% yield at Rs 336. Tata Consultancy Services offered a 4.5% yield at Rs 2,399 with a P/E of 16.2.
