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:
Mcap of top-10 most valued firms slumps Rs 4.95 lakh cr; TCS, Reliance hardest hit
The combined market valuation of all the top-10 most valued firms plunged Rs 4,95,061 crore last week, in line with a bearish trend in equities,