High Dividend Yield Hospital Stocks under Rs 500

The table below shows the high dividend yield hospital stocks under Rs 500 based on the Highest Market Capitalization.

What Are The High Dividend Yield Hospital Stocks under Rs 500?

High dividend yield hospital stocks under Rs 500 refer to companies in the healthcare and hospital sector with share prices below Rs 500 that offer relatively high dividend payouts compared to their stock price. These stocks are attractive to investors seeking regular income through dividends while investing in the essential healthcare sector, which has consistent demand and potential for long-term growth.

Features Of High Dividend Yield Hospital Stocks under 500

The main feature of high dividend yield hospital stocks under Rs 500 includes their ability to provide steady income while offering exposure to the critical healthcare industry.

1. Consistent Demand: Healthcare services have a stable demand, making these stocks more resilient in economic downturns.
2. Income Generation: High dividend yields offer a reliable income stream, appealing to dividend-focused investors.
3. Affordable Investment: Priced under Rs 500, these stocks are accessible to a broader range of investors.
4. Sector Growth: The healthcare sector is expected to grow due to increasing healthcare needs and ageing populations.
5. Defensive Nature: Hospital stocks often perform well even in uncertain economic conditions, providing a defensive investment option.

Best High Dividend Yield Hospital Stocks under Rs 500

The table below shows the best high dividend yield hospital stocks under Rs 500 based on the highest day Volume.

Top High Dividend Yield Hospital Stocks under ₹500 in India

The table below shows the top high dividend yield hospital stocks under ₹500 in India based on a 1-year return.

Factors To Consider When Investing In High Dividend Yield Hospital Stocks under ₹500

The factors to consider when investing in high dividend yield hospital stocks under ₹500 involve analyzing the company’s financial health and its ability to sustain dividend payouts over time.

1. Dividend History: Examine the consistency and growth of dividend payments over the years, which indicates financial stability and commitment to returning value to shareholders.
2. Profitability: Analyze the hospital’s profit margins and earnings growth, as these directly influence the ability to maintain or increase dividend payouts.
3. Debt Levels: Evaluate the hospital’s debt-to-equity ratio. High debt levels can strain finances, potentially leading to reduced dividends.
4. Regulatory Environment: Hospitals are highly regulated, and changes in regulations could affect profitability and dividend payouts, making it important to stay informed.
5. Industry Position: Consider the hospital’s position within the industry, including its competitive advantages, as a strong position can lead to sustained profitability and reliable dividends.

How To Invest In High Dividend Yield Hospital Stocks under Rs 500?

To invest in high dividend yield hospital stocks under ₹500, research companies with consistent dividend histories, analyze their financials and monitor industry trends. Open a Demat account through platforms like Alice Blue to start investing. 

Advantages Of Investing In High Dividend Yield Hospital Stocks under Rs 500

The primary advantage of investing in high dividend yield hospital stocks under ₹500 is the potential for regular income through dividends.

1. Capital Appreciation: These stocks often have growth potential, providing opportunities for capital gains in addition to dividends.
2. Lower Entry Barrier: With prices under ₹500, these stocks are accessible to a wider range of investors, encouraging diversification.
3. Stability in Returns: Hospital stocks, being in a defensive sector, offer stability even during economic downturns, ensuring consistent returns.
4. Tax Efficiency: Dividend income may benefit from favourable tax treatment, enhancing overall returns from your investment.
5. Reinvestment Potential: Reinvesting dividends can compound returns over time, growing your investment significantly.

Risks Of Investing In High Dividend Yield Hospital Stocks under 500

The main risk of investing in high dividend yield hospital stocks under ₹500 is the possibility of dividend cuts if the hospital’s financial performance declines or industry regulations tighten.

1. Market Volatility: Stock prices under ₹500 can be more volatile, leading to fluctuations in portfolio value and potential losses.
2. Regulatory Changes: Hospitals are subject to stringent regulations, and any adverse changes can impact profitability and dividends.
3. Economic Downturns: Economic slowdowns can reduce patient spending, affecting hospital revenues and dividend sustainability.
4. Competition: Increased competition from other hospitals or healthcare providers may erode market share, impacting financial stability.
5. Debt Risks: High levels of debt can strain a company’s ability to maintain dividend payouts, especially during challenging financial periods.

Introduction to High Dividend Yield Hospital Stocks under Rs 500

Shalby Ltd

The market cap of Shalby Ltd is Rs. 3035.31 crores. The stock’s monthly return is 1.54%. Its one-year return is 34.55%. The stock is 26.99% away from its 52-week high.

Shalby Limited, an India-based company, operates multi-specialty hospital chains and is primarily involved in establishing and managing hospitals and medical diagnostic services. 

The company’s Healthcare Services segment focuses on hospital and medical diagnostics management, while its Manufacturing segment is dedicated to producing implants. Shalby offers a comprehensive range of specialities such as joint replacement surgery, critical care and trauma, spine surgery, neurology, neurosurgery, ortho-oncology and various other services.

Indraprastha Medical Corporation Ltd

The Market Cap of Indraprastha Medical Corporation Ltd is Rs. 2451.79 crores. The stock’s monthly return is 12.12%. Its one-year return is 84.51%. The stock is 8.94% away from its 52-week high.

Indraprastha Medical Corporation Limited, an India-based company, operates in the healthcare sector. The company runs Indraprastha Apollo Hospitals and Apollo Hospitals, offering various services such as in-patient, out-patient, and clinical services. 

Indraprastha Apollo Hospitals, a multi-speciality tertiary acute care hospital with 710 beds, spans over 15 acres and features over 600,000 square feet of built-up area. The hospital specializes in areas including anaesthesia, cardiology, cardiac surgery, cancer treatment, paediatrics, critical care, emergency care, fetal medicine, gastroenterology and various other services.

GPT Healthcare Ltd

The Market Cap of GPT Healthcare Ltd is Rs 1571.10 crores. The stock’s monthly return is 15.38%. Its one-year return is -4.60%. The stock is 20.37% away from its 52-week high.

GPT Healthcare Ltd is a company in the hospital sector, operating and managing a network of healthcare facilities. It focuses on providing high-quality medical services, including inpatient and outpatient care, across various specialities. 

GPT Healthcare is known for its commitment to patient care and expanding its footprint in the healthcare industry, contributing to the growing demand for quality medical services.

Fortis Malar Hospitals Ltd

The Market Cap of Fortis Malar Hospitals Ltd is Rs. 119.37 crore. The stock’s monthly return is -2.02%. Its one-year return is 5.63%. The stock is 73.20% away from its 52-week high.

Fortis Malar Hospitals Limited, an India-based company, specializes in offering super-speciality and multi-speciality healthcare services. The company is dedicated to providing medical care in a range of areas including cardiology, neurosurgery, gynaecology, orthopaedics, gastroenterology, neurology, paediatrics, diabetics, nephrology, and internal medicine. 

It focuses on establishing hospitals and clinics to provide healthcare services across various medical disciplines such as general surgery, paediatrics, neurology, cardiology, ENT, ophthalmology, radiology, pathology, gastroenterology, urology, thoracic surgery, plastic surgery, and other specialities.  

Top High Dividend Yield Hospital Stocks under ₹500 – FAQs

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.