Top dividend stocks to buy: PTC India, CESC, Vedanta, Coal India, HPCL offer up to 24% yield. Check full list here
Mint · Pranati Deva ·
Axis Securities' dividend-yield report highlights PTC India at 24% and CESC at 10% among small-cap stocks. Vedanta and Coal India each yielded 7% among large caps, while HPCL led the PSU category at 7%. Dividend yield can fluctuate and should not be treated alone as an investment measure.
Dividend Stocks: Investors looking to generate regular income from the stock market may want to look beyond share price appreciation and consider dividend-paying companies. Several listed companies in India have offered attractive dividend yields over the past 12 months, with some small-cap stocks featuring significantly higher yields than their large-cap counterparts.According to Axis Securities' Top Dividend Yield Stocks report dated October 26, 2026, PTC India topped the small-cap list with a dividend yield of 24%, followed by CESC at 10%. Among large-cap stocks, Vedanta and Coal India recorded dividend yields of 7% each, while Hindustan Petroleum Corporation (HPCL) led the public sector undertaking (PSU) category with a yield of 7%.What are dividend yield and dividend payouts?Dividends are payments that companies distribute to shareholders from their profits or accumulated reserves, subject to applicable rules and corporate decisions. They can provide investors with an additional source of income alongside any potential appreciation in share prices.Dividend yield measures the annual dividend paid per share as a percentage of its current market price. For example, if a stock trades at ₹100 and pays an annual dividend of ₹5 per share, its dividend yield is 5%.
Here is a list of dividend-paying stocks across large-cap, mid-cap, small-cap and PSU categories, along with their reported dividend yields.
1. PTC India leads small-cap stocks with 24% dividend yield