Dividend-paying PSU Stocks: Maharatna, other CPSEs with highest dividend yields; have these in portfolio?
Dividend yield is an important metric for investors, as it enables them to compare dividend-paying companies in a methodical way. By comparing dividend-yields, investors find out how much dividend a listed firm pays each year compared to its stock price. In this article, we have put together a list of PSUs with top dividend yields, as of April 2025. Most of these public sector companies hold the Maharatna status. Read on to learn about these dividend-paying companies.
Dividend yield is an important metric for investors, as it lets them compare dividend-paying companies in a methodical way. By comparing dividend yields, investors can find out how much dividend a listed firm pays each year relative to its stock price. Dividend yield captures the ratio of the total annual dividends to the current market price of the stock. Simply put, it shows how much a stock is 'yielding' at its current market price.
In this article, there are 10 PSUs with the highest dividend yields as of April 25, 2025, including NMDC, BPCL, IOC, HPCL and CIL. A majority of the CPSEs on the list hold the status of Maharatna.
Image sources: Company websites, AI
What is a dividend yield and what does it tell?
Dividend yield is a key metric that enables investors to compare how much dividend a company pays relative to its stock price. It reflects the ratio of the total annual payout to the current market price.
How a dividend yield is calculated
Dividend yield is calculated by dividing the total amount of dividend per share paid in a year by the current market price of the stock and multiplying the result by 100.
PSU stocks with highest dividend yields as of April 2025
These are the 10 stocks: NMDC, BPCL, IOC, Chennai Petro, HPCL, CIL, ONGC, REC, Power Grid, and OIL India Ltd.
Maharatna stocks on the list
ONGC
IOC
CIL
BPCL
Power Grid
REC
HPCL
NMDC
As of April 2025, NMDC has rewarded investors with a dividend of Rs 3.8 per equity share in the past year.
BPCL
BPCL has paid a dividend of Rs 15.5 per share during this period.
IOC
The state-run oil marketing company has paid a dividend of Rs 7 per share.
Chennai Petro
Chennai Petroleum Corporation has paid a dividend of Rs 55 per share.
Hindustan Petroleum
HPCL has paid a dividend of Rs 11 per equity share.
Coal India Ltd (CIL)
The PSU has paid dividends of Rs 26.35 per equity share during this period.
ONGC
The PSU has paid dividends amounting to Rs 13.5 per share during this period.
REC
The company has paid dividends totalling Rs 20.4 during this period.
Power Grid
The PSU has paid dividends to the tune of Rs 10.5 per equity share.
Oil India Ltd
The company has issued dividends of Rs 12.5 per equity share.