Investors seeking consistent income from their portfolios may find valuable opportunities among the top dividend-paying stocks identified in a recent analysis. According to Religare Broking's September 2026 report, a select group of companies is offering attractive dividend yields, with PTC India leading the pack.
Leading the List: High Dividend Yields
PTC India Ltd. stands out with the highest dividend yield at 9.7 percent. The company paid a dividend of Rs 14.70 per share for the fiscal year 2026, a notable increase from Rs 7.80 in FY25.
Following PTC India, Coal India Ltd. offers a robust 6.6 percent dividend yield. Its FY26 dividend per share was Rs 26.40, up from Rs 25.50 in the previous fiscal year, alongside a final dividend announcement of Rs 5.25 per share for FY26.
Power financier REC Ltd. recorded a 6.2 percent dividend yield, distributing Rs 19.60 per share in dividends during FY26. Oil and Natural Gas Corporation Ltd. (ONGC) also features prominently with a 5.8 percent yield, with its FY26 dividend per share at Rs 13.50.
Additional Notable Dividend Stocks
- Gujarat Pipavav Port Ltd.: This company reported a 5.7 percent dividend yield, with its dividend per share rising to Rs 9.60 in FY26 from Rs 7.70 in FY25.
- Power Finance Corporation Ltd. (PFC): PFC offers a 5 percent dividend yield, having paid Rs 16.70 per share in dividends in FY26, up from Rs 13.50 in FY25.
IT and Energy Sector Contributors
The information technology sector also presents options for dividend-focused investors:
- Tata Consultancy Services Ltd. (TCS): With a 4.5 percent dividend yield, TCS paid Rs 109 per share in dividends in FY26.
- HCL Technologies Ltd.: HCLTech provided a 4.1 percent dividend yield, with its dividend per share at Rs 54 for FY26.
In the energy sector, GAIL India Ltd. offers a 3.5 percent dividend yield, distributing Rs 6 per share in FY26. Petronet LNG Ltd. rounds out the list with a 3.3 percent dividend yield, maintaining its dividend at Rs 10 per share for FY26.
Understanding Dividend Yield
Dividend yield is a financial ratio that measures the annual dividend per share relative to the stock's market price. It provides investors with an indication of the cash flow they receive for each rupee invested in a stock. It's important to remember that dividend yield can fluctuate with changes in a company's share price.
Disclaimer: This information is for educational purposes only and should not be considered investment advice. Readers are encouraged to consult with a qualified financial advisor before making any investment decisions.