Saturday, May 3, 2014

Top 10 highest dividend yielding stocks in CNX 100

With stable govt at the center and likely peak out of interest rates in India, quality stocks with high dividend yield could provide sufficient downside protection and reasonable upside potential. Following is the list of top 10 stocks in CNX 100 (top 100 companies listed on NSE) with highest dividend yield.

Div Yield
Oil India Ltd 482.5 6.2
NTPC Ltd 114.45 5.0
Union Bank of India 153.15 5.0
Coal India Ltd 295.3 4.7
NMDC Ltd 152.2 4.6
Canara Bank 285.4 4.4
MphasiS Ltd 414 4.1
Bank of India 233.05 4.0
Power Finance Corporation Ltd 187.3 3.8
Reliance Capital Ltd 349.2 3.7
*LTP as on 2nd May 2014

Other Stocks with high dividend yield are Tata Chemicals, Cairn India, REC and Hindustan Unilever which are having more than 3% yield as on 2nd May 2014.

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