Watch out for these high dividend yield stocks; do you own any?

Kiran Shroff
/ Categories: Trending, Mindshare
Watch out for these high dividend yield stocks; do you own any?

On the BSE, about 1,407 shares have advanced, 2,099 have declined and 105 are unchanged.   

This week, domestic benchmark indices and the broader markets traded mixed. 

The benchmark indices ended the trading session lower on Friday, with the BSE Sensex Index down 671.15 points or 1.12 per cent to a level of 59,135.13 and the Nifty-50 Index down 176.70 points or 1 per cent to a level of 17,412.90.   

The BSE Mid-Cap Index has plunged 0.69 per cent, while the BSE Small-Cap Index has also plunged 0.59 per cent. On the BSE, about 1,407 shares have advanced, 2,099 have declined and 105 are unchanged.   

Dividend yield is a financial ratio (dividend/stock price) that shows how much a company pays out in dividends each year in relation to its stock price. There are 15 stocks listed below that have a dividend yield of more than 1565 per cent for the fiscal year 2022-2023. 

 

Following are the stocks which have high dividend yield:

Sr. No 

Company Name 

LTP (Rs) 

Dividend Yield (%) 

Taparia Tools Ltd 

11.57 

1565.34 

Elcid Investments Ltd 

3.06 

490.2 

Coromandel Agro Products & Oils Ltd 

2.58 

96.9 

Southern Gas Ltd 

71.60 

69.83 

Premier Polyfilm Ltd 

86.40 

43.9 

Styrenix Performance Materials Ltd 

817.50 

36.33 

Swastik Safe Deposit & Investments Ltd 

5.08 

19.69 

Indian Oil Corporation Ltd 

78.90 

16.01 

Vedanta Ltd 

279.85 

15.76 

10 

RSWM Ltd 

180 

14.85 

11 

NMDC Ltd 

114.40 

12.92 

12 

REC Ltd 

122.40 

12.13 

13 

Indian Card Clothing Company Ltd 

212 

11.48 

14 

Steel Authority of India Ltd 

88.08 

9.97 

15 

Sanofi India Ltd 

5762.90 

9.86 

Do you own any of these stocks? 

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