In a landscape where market fluctuations can unsettle even the most seasoned investors, dividend-paying stocks emerge as a reliable beacon for many. Particularly among large-cap companies, several stand out for their consistent and generous dividends year after year. Let’s delve into the top five dividend yield stocks in India that continue to reward their loyal shareholders.

Vedanta: Leading with a 12% Dividend Yield

At the forefront is Vedanta, a titan in the metals and mining industry. With a current share price of ₹374 and a market capitalization of ₹1.46 lakh crore, this company has distributed an impressive ₹43.5 per share in dividends over the last twelve months, resulting in a remarkable 12% dividend yield.

However, despite this attractive yield, Vedanta’s shares have faced challenges. Over the past five trading sessions, the stock has declined by nearly 18%, and it has seen a 15% drop in the last month. A six-month overview reveals a significant 25% decrease, although the stock has managed to gain 15% over the past year. Year-to-date (YTD), Vedanta shares have experienced a 16% decline.

Hindustan Zinc: A Solid 7% Dividend Yield

Next in line is Hindustan Zinc, another major player in the mining sector. Currently trading around ₹407 with a market cap of ₹1.71 lakh crore, the company has returned ₹29 in dividends over the past year, equating to a 7% dividend yield.

Recently, Hindustan Zinc’s shares have shown resilience, increasing by approximately 2% during today’s trading session, contributing to a 4% rise over the last five days. The month has also seen a slight 2% increase. However, a broader look at the past six months reveals a 19% decline, while the stock has barely budged with a 1% gain over the year.

Coal India: A 7% Yield from the Coal Giant

In third place is Coal India, a prominent public sector entity known for its significant contributions to the coal mining industry. With a market value exceeding ₹2.32 lakh crore and shares priced around ₹378, Coal India has provided total dividends of ₹26.35 over the last year, translating to a 7% dividend yield.

Currently trading at ₹381.45, the stock has experienced a 1% uptick today. However, it has slipped 3% in the past five days and has only seen a 1.6% rise in the last month. Looking at the longer term, Coal India has endured a 22% loss over six months, with a 1% drop YTD.

ONGC: Offering a 6% Dividend Yield

ONGC, India’s leading upstream oil company, boasts a 6% dividend yield. With shares priced at ₹220 and a market cap of ₹2.76 lakh crore, the company has distributed ₹13.5 per share in the past year.

Today, ONGC shares have risen by 2.6%. However, over the last five days, the stock has dipped 10%, with only a marginal 1% gain over the past month. A six-month assessment reveals a 17% decline in stock price.

BPCL: Closing the List with a 6% Dividend Yield

Bharat Petroleum Corporation Limited (BPCL) rounds out the top five, with a current stock price of ₹274 and a market capitalization of ₹1.18 lakh crore. BPCL has paid out ₹15.5 per share in dividends in the past year, yielding 6%.

Today’s trading has seen BPCL’s stock climb over 2%. In the past five days, the stock has remained relatively stable, while it has surged by 9% in the last month. However, a broader view indicates a 5% decline over both the yearly and YTD periods.

These dividend-paying stocks not only provide a safety net during volatile market conditions but also present opportunities for investors seeking to benefit from regular income. As always, it’s essential to conduct thorough research and consider market trends before making investment decisions.