Dividend share: In recent times, state-owned enterprises in the country have been making headlines for their generous dividend distributions. When observing the top-performing entities, it’s evident that these companies not only offer impressive dividends but also substantial returns on investments.
If one were to analyze the annual dividend and returns, many of these companies have rendered profits exceeding 100%. When juxtaposed with Fixed Deposits (FDs), the combined dividend and return from these top six state-owned companies have massively outperformed the returns from FDs.
Diving Deeper into the Top Performers
- National Aluminium Company Limited (NALCO)
- Current Share Price: ₹96
- Dividend Yield: 5.7%
- One Month Return: -5.07%
- Three Months Return: 15.51%
- Annual Return: 37.59%
- Three Year Return: 207.66%
- Housing and Urban Development Corporation Limited
- Current Share Price: ₹92
- Dividend Yield: 4.3%
- One Month Return: 22.07%
- Three Months Return: 52.74%
- Annual Return: 154.77%
- Three Year Return: 181.22%
- NHPC Limited
- Current Share Price: ₹52
- Dividend Yield: 3.5%
- One Month Return: -4.11%
- Three Months Return: 11.95%
- Annual Return: 38.21%
- Three Year Return: 155.85%
- Indian Oil Corporation Limited
- Current Share Price: ₹90
- Dividend Yield: 3.4%
- One Month Return: -5.36%
- Three Months Return: -8.15%
- Annual Return: 36.62%
- Three Year Return: 76.67%
- Bank of Maharashtra
- Current Share Price: ₹47
- Dividend Yield: 2.7%
- One Month Return: 5.76%
- Three Months Return: 47.79%
- Annual Return: 160.28%
- Three Year Return: 314.60%
- Indian Railway Finance Corporation Limited
- Current Share Price: ₹76
- Dividend Yield: 2.0%
- One Month Return: -9.85%
- Three Months Return: 132.22%
- Annual Return: 257.85%
These figures not only highlight the growth potential and stability of government-owned companies but also underscore their ability to offer lucrative opportunities for investors.
