HomeFinanceTop 10 Highest Dividend Paying Stocks in India 2022

Top 10 Highest Dividend Paying Stocks in India 2022


Friends, do you know that we can generate passive income in the stock market by investing in good stocks which are fundamentally strong as well as give a good dividend amount. These stocks can also be used to meet your monthly expenses. In this article we Top 10 Highest Dividend Paying Stocks in India 2022 Going to share the information of which are also fundamentally strong.

Top 10 Highest Dividend Paying Stocks in India 2022


  • Indian Oil Corporation Ltd.

New Delhi-based Indian Oil Corporation is a Maharatna company under the Government of India, owned by the Ministry of Petroleum and Natural Gas. Top 10 Highest Dividend Paying Stocks in India 2022 Talking about IOC, the name of IOC comes at the top because this company gives dividend to its investors every year. In the year 2022, Rs 2.40 and Rs 4 have been given by the company as dividend. Whereas in 2021, a total dividend of Rs 17 per share has been given 4 times. Company’s Dividend Yield 12.54% Yes, which is great.

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National Aluminum Company Limited (NALCO) is a Government of India owned company under the Ministry of Mines. The company’s fundamentals are very strong and its dividend yield is 9.12 per cent. NALCO has a debt of only Rs 20.67 crore. If we talk about dividend, then the company gave a total of Rs 4.5 twice in the year 2022 and a total of Rs 5 in three times in the year 2021 as profit to its investors. This much dividend from NALCO stock trading around Rs 71 India’s top 10 highest Dividend Paying Stock 2022 makes it to the list.


  • Power Finance Corporation Ltd.

Established in 1986, Power Finance Corporation Limited is the financial backbone of the Indian Power Sector. It is a company owned by the Ministry of Power, Government of India. In the year 2022, the company gave a total dividend of Rs 9.50 to its investors in three times and in the year 2021, a total of Rs 14.75 in four times. The dividend yield of the company is 11.48% and the net profit of the company in this financial year was 10021.90 crores, which is very good. if you Top 10 Highest Dividend Paying Stocks in India 2022 If you want to invest in, then definitely consider this company once.

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Rural Electrification Corporation Ltd (REC Ltd) is a subsidiary of Power Finance Corporation Ltd. owned by the Ministry of Power, Government of India. The dividend yield of the company is very high which is 12.22%. Top 10 Highest Dividend Paying Stocks in India 2022 This company involved in can become your source of passive income. The company has given a total dividend of Rs 10.80 twice in the year 2022 and Rs 11.21 per share in four times in the year 2021 to its investors. The fundamentals of the company are very strong, long term investment on it will be very beneficial.

Coal India is a public sector company owned by the Ministry of Coal, Government of India. It is the world’s largest state-owned coal producer. The company does not have a debt of even a single rupee and its Dividend Yield is 7.99%. The company has given a total of Rs 8 per share to its investors twice in the year 2022 and a total of Rs 17.5 per share in the year 2021. Coal India Top 10 Highest Dividend Paying Stocks in India 2022 It is counted in and long term investment in it can give a lot of profit.

Top 10 Highest Dividend Paying Stocks in India 2022


  • Power Grid Corporation of India Ltd.

Power Grid Corporation of India Limited is a public sector company under the Ministry of Power, Government of India. The company is engaged in the supply of electricity in various states. This company keeps distributing some part of its profits to its investors, in the year 2022, the company distributed a total of Rs 7.75 per share in two times and in the year 2021, a total of Rs 14 per share was distributed to its investors in four times. Top 10 Highest Dividend Paying Stocks in India 2022 Investing in such stocks can become your source of monthly or yearly income.

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Hindustan Zinc Limited is a subsidiary of Vedanta Limited and is engaged in the production of Zinc, Lead, Silver, and Cadmium. The company’s dividend yield is 6.73 per cent and this company has given a one-time dividend of Rs 21 per share to its investors in FY2022. Whereas, in the year 2021, the company had given a dividend of Rs 18 per share. This company gives 20 to 25 rupees per share every year as dividend to its investors. thus it Top 10 Highest Dividend Paying Stocks in India 2022 is included in


  • Indian Railway Finance Corporation Ltd.

Indian Railway Finance Corporation Limited is a Miniratna public sector company owned by the Ministry of Railways, Government of India. Trading at just around Rs 21, this stock has given a total dividend of Rs 0.63 per share in the year 2022 and Rs 1.82 per share in the year 2021 to its investors. The company’s dividend yield is 6.59 per cent and its PE ratio is 4.44. If you are looking for a side monthly income then investing in this stock would be appropriate. This Top 10 Highest Dividend Paying Stocks in India 2022 occupies an important place in


  • Hindustan Petroleum Corporation Ltd.

Mumbai-based Hindustan Petroleum Corporation Limited is an oil and gas refinery company in which ONGC holds a majority stake. The company gives huge dividends to its investors every year, in the same sequence, the company gave Rs. 14 per share in the year 2022, Rs. 22.75 per share in the year 2021. Its dividend yield is 6.47%, long term investment in this will continue to give you good returns along with dividend. This Top 10 Highest Dividend Paying Stocks in India 2022 is included in the list.

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Indus Towers Limited is India’s largest tower installation company in which majority stake is held by Bharti Airtel and Vodafone Idea also has stake in it. This company has been continuously giving some part of its profit to its investors in the form of dividend. In the year 2022, it gave Rs 11 per share and in the year 2021, it gave a total of Rs 17.82 per share to its investors. Its dividend yield is 5.57 per cent and its PE ratio is 9.8. Investing in this company can give you good side income Top 10 Highest Dividend Paying Stocks in India 2022 has been placed in the list.

List of Top 10 Highest Dividend Paying Stocks in India 2022














company Sector Dividend (Year 2022) per share Dividend (Year 2021) per share
Indian Oil Corporation Ltd. Petroleum and Natural Gas 6.40 17
NALCO mining 4.5 5
Power Finance Corporation Ltd. Electricity 9.50 14.75
Rec Ltd Electricity 10.80 11.21
Coal India Ltd. mining 8 17.5
Power Grid Corporation of India Ltd. Electricity 7.75 14
Hindustan Zinc Ltd. Metal – Non Ferrous 21 18
Indian Railway Finance Corporation Ltd. finance 0.63 1.82
Hindustan Petroleum Corporation Ltd. refinery 14 22.75
Indus Towers Ltd. telecommunication 11 17.82

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Is it right to invest by looking at the highest dividend paying stocks?

Investing in any company should be done by looking at its products or service as well as its fundamentals, not how much dividend it is giving. Any company can give dividend only when it does good business. Along with this, market sentiments also affect these shares, if you are making any investment, then you should do it only for a long time, only then you can get more secure and more profit. above Top 10 Highest Dividend Paying Stocks in India 2022 A list has been given in which investing will be very safe and beneficial because all these stocks are fundamentally strong.

Our take on Highest Dividend Paying Stocks of 2022?

Stocks which give dividend on regular time, their share price growth is less visible. These companies distribute some part of their profits to their investors. If you are investing to create an income source, then it would be best to invest in these stocks. Investment should not be made only by looking at the amount of dividend, but keeping all the factors in mind. Safe investment is in big companies for a long period of time. Do your own research or take the help of your financial advisor before investing.

hope you like our Top 10 Highest Dividend Paying Stocks in India 2022 If you have liked this article very much, then you must share this article. If you have any question or suggestion, then you can definitely tell us in the comment below. Thank you

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About Highest Dividend Paying Stocks 2022 ( FAQ )

Which is the highest dividend paying company?

Answer – Indian Oil Corporation is the highest dividend paying company in the first place in our list.

How often should the company pay dividends

Answer – There is no correct answer to this but a company should give dividend 4 times in 1 year from work to work.

When does the company pay dividend?

Answer – A company gives dividend only when it has good profit, although there are companies in the stock market which give good dividend even if there is no profit.

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