Top dividend-yield PSU shares- Coal India, Oil India, PTC India, and more

If you are looking for value buys in the market at the moment, you may consider these relatively high dividend paying PSU stocks as potential opportunities to increase the return. According to a list of the highest dividend-yielding PSU shares compiled by Religare Broking, Coal India, Oil India, and PTC India shares were among the top dividend-paying PSU scrips, with yields of 8.2%, 6.7% and 5.9%, respectively. National Aluminium Company and NMDC were ranked at the bottom of the list with a 4.6% and 4.5% dividend yield, respectively.

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Here’s a look at the top dividend-yielding PSUs:

The list was dominated by companies from the Oil and gas Sector. Oil India, Oil & Natural Gas Corporation and Chennai Petroleum Corporation were the 3 companies out of 10 to make it to the list, with dividend yields of 6.7%, 5.9% and 5.3% respectively.

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Coal India and NMDC were the two companies from the Mining sector with their respective dividend yields of 8.2% and 4.5%. PTC India and Power Grid Corporation of India were from the Power sector to make it to the list with dividend yields of 5.9% and 5.3%, respectively. National Aluminium Company was the sole representative of the Metal sector on the list, with a dividend yield of 4.6%.

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