This article is all about the list of best Indian Dividend Stocks, I will share here the stocks name with its share price and dividend given in percentage and rupees. I am no way related to SEBI, do your homework before investing. I am not responsible.

Best Dividend Stocks of India

Best Dividend Stocks

1. NLC India Ltd: For the year ending March 202 NLC India has declared an equity dividend of 45.30% amounting to Rs 4.53 per share. At the current share price of Rs 43.40 this results in a dividend yield of 10.44%.

2. Manappuram Finance: For the year ending March 2020 Manappuram Finance has declared an equity dividend of 110.00% amounting to Rs 2.2 per share. At the current share price of Rs 118.95 this results in a dividend yield of 1.85%.

3. Castrol India: For the year ending December 2019 Castrol India has declared an equity dividend of 110.00% amounting to Rs 5.5 per share. At the current share price of Rs 125.65 this results in a dividend yield of 4.38%.

4. Rural Electrification Corporation: For the year ending March 2020 REC has declared an equity dividend of 110.00% amounting to Rs 11 per share. At the current share price of Rs 87.55 this results in a dividend yield of 12.56%

5. Engineers India Limited: For the year ending March 2019 Engineers India has declared an equity dividend of 80.00% amounting to Rs 4 per share. At the current share price of Rs 67.75 this results in a dividend yield of 5.9%.

6. Persistent Systems Limited: For the year ending March 2020 Persistent Systems has declared an equity dividend of 120.00% amounting to Rs 12 per share. At the current share price of Rs 536.50 this results in a dividend yield of 2.24%