1 / 16Dividend yield is a financial ratio that shows how much money a company pays its shareholder in the form of dividends per share, in comparison to its stock price. Here is a look at 15 largecap stocks which have the highest dividend yield, as per the latest report by Axis Securities.
2 / 16Vedanta | The Anil Agarwal-owned mining conglomerate is known for its payouts to shareholders. The company has paid ₹32.5 as dividends to shareholders over the last 12 months, implying a dividend yield of 7%.
3 / 16Bank of Baroda | The lender has paid ₹15.95 as dividend over the last one year. The stock currently has a dividend yield of 7%.
4 / 16Coal India | Third on the list is Coal India, which has paid ₹26.35 per share to shareholders as dividends over the last 12 months. Its current dividend yield stands at at 7%.
5 / 16Hindustan Zinc | Following Vedanta is its subsidiary Hindustan Zinc, which has paid ₹29 as dividend over the last one year. The stock currently has a dividend yield of 6%.
6 / 16ONGC | Another PSU on the list is ONGC, which has a dividend yield of 5%. The company has paid ₹13.5 per share as dividend to shareholders. The stock though, is up 6% so far this year.
7 / 16REC | The power sector PSU has paid ₹20.4 per share as dividend to its shareholders over the last 12 months. The stock has a dividend yield of 5%. The stock is down 25% so far in 2025.
8 / 16Bajaj Finance | The company has paid ₹46 per share as dividend to its shareholders over the last 12 months. The stock has a dividend yield of 5%.
9 / 16Indian Oil Corporation | The company has paid ₹7 per share as dividend to its shareholders over the last 12 months. The stock has a dividend yield of 5%. The stock is up just 1% so far in 2025.
10 / 16BPCL | BPCL also has a dividend yield of 5%, having paid ₹15.5 per share to shareholders over the last 12 months. The stock has risen nearly 6% so far this year.
11 / 16PFC | Another power PSU in the list has paid ₹18.3 as dividend to its shareholders, including the government. PFC currently has a dividend yield of 5%, and the stock is down 22% in the last one year.
12 / 16Power Grid Corporation | The company has rewarded shareholders with payouts of ₹10.5 per share in the last 12 months. Its dividend yield is now at 4%.
13 / 16Tata Steel | The company has rewarded shareholders with payouts of ₹7.2 per share in the last 12 months. Tata Steel’s dividend yield is now at 5%.
14 / 16TCS | Shareholders of this largecap IT stock have received dividends worth ₹126 per share over the last 12 months. The stock has a dividend yield of 4%. During the last one year, TCS shares have declined 10%.
15 / 16GAIL India | The company has rewarded shareholders with payouts of ₹6.5 per share in the last 12 months. GAIL’s dividend yield is now at 3%.
16 / 16HCLTech | Shareholders of this largecap IT stock have received dividends worth ₹60 per share over the last 12 months. The stock has a dividend yield of 3%. During the last one year, HCLTech shares have risen 18%.
