Mining major Vedanta, Indian Oil Corporation (IOC) and eight smallcap stocks are among 50 stocks that have reported highest dividend yield in FY24 according to a report by SBI Securities. The brokerage has computed dividend yields based on the closing price of July 31, 2024. Companies that have consistently paid dividends in the last 3 years i.e FY23/CY22, FY22/CY21 and FY21/CY20 have been considered by the brokerage. Here are the top 10 ones:
Accenture shares tank 11% despite beating Q3 revenue estimates. Infosys ADRs fall 3%
Accenture’s shares plummeted despite exceeding third-quarter revenue expectations, driven by AI-related service demand. The company faces challenges from reduced U.S. federal contracts. Consequently, Indian IT