High Dividend Yield Stocks in Mid Cap

The table below shows the high dividend yield stocks in mid cap based on the Highest Market Capitalization.

What Are The High Dividend Yield Stocks in Mid Cap?

High dividend yield stocks in the mid-cap category refer to mid-sized companies that offer substantial dividend payouts relative to their share prices. These stocks appeal to investors seeking a blend of growth potential and income generation, making them attractive for portfolios that aim for both capital appreciation and regular income.

Features Of High Dividend Yield Stocks in Mid Cap

The feature of high dividend yield stocks in mid-cap companies lies in their unique balance between growth potential and income generation.

1. Growth and Stability: Mid-cap stocks offer a balance of growth potential with more stability than small caps.
2. Attractive Valuation: High dividend yields may suggest that these mid-cap companies are undervalued, presenting investment opportunities.
3. Market Expansion: These companies are often in the process of expanding their market presence, leading to potential future growth.
4. Diversification: Investing in high dividend yield mid-cap stocks helps diversify a portfolio between large and small-cap stocks.
5. Consistent Income: These stocks provide regular income through dividends, appealing to income-focused investors looking for growth.

Best High Dividend Yield Stocks in Mid Cap

The table below shows the best high dividend yield stocks in mid cap based on the highest day Volume.

Top High Dividend Yield Stocks in Mid Cap in India

The table below shows the top high dividend yield stocks in mid cap in India based on 1-Year Return. 

Factors To Consider When Investing In High Dividend Yield Stocks in Mid Cap

The factors to consider when investing in high dividend yield mid-cap stocks involve a detailed understanding of both the company’s growth potential and the sustainability of its dividend payouts.

1. Dividend History: Analyze the company’s historical dividend payments to gauge consistency and reliability, ensuring the company has a track record of paying dividends even during economic downturns.
2. Earnings Stability: Evaluate the stability and predictability of the company’s earnings, as stable earnings indicate the company’s ability to continue paying dividends.
3. Payout Ratio: Review the dividend payout ratio to ensure that the company isn’t distributing an unsustainable portion of its profits as dividends, which could affect future growth.
4. Industry Position: Consider the company’s position within its industry, focusing on whether it operates in a stable or growing sector, which can impact future earnings and dividends.
5. Valuation Metrics: Assess valuation metrics like P/E and P/B ratios to ensure that the stock is reasonably priced, which is crucial in avoiding overpaying for a high dividend yield.

How To Invest In High Dividend Yield Stocks in Mid Cap?

To invest in high dividend yield mid-cap stocks, start by researching and identifying mid-cap companies with a strong history of dividend payments, stable earnings, and a reasonable payout ratio. Diversify your investments across different industries to reduce risk. Consider using platforms like Alice Blue to open an account and manage your investments efficiently.

Advantages Of Investing In High Dividend Yield Stocks in Mid Cap

The primary advantage of investing in high dividend yield mid-cap stocks lies in the potential for higher income returns while still capturing capital appreciation as these companies grow.

1. Income Generation: High dividend yield stocks provide a regular income stream, which is particularly beneficial for investors seeking steady cash flow from their investments.
2. Capital Appreciation: Mid-cap companies have more growth potential compared to large-cap companies, offering the possibility of capital gains alongside dividend income.
3. Dividend Reinvestment: Reinvesting dividends can compound returns over time, as the additional shares purchased increase the value of the investment.
4. Diversification Benefits: Including high dividend yield mid-cap stocks in a portfolio enhances diversification, reducing the overall risk by balancing income and growth.
5. Inflation Hedge: Dividends often increase over time, providing a hedge against inflation by maintaining or increasing the purchasing power of the income generated.

Risks Of Investing In High Dividend Yield Stocks in Mid Cap

The main risk of investing in high dividend yield mid-cap stocks is the potential for dividend cuts if the company’s financial performance declines, leading to a reduction in income and stock value.

1. Market Volatility: Mid-cap stocks can be more volatile than large-cap stocks, making them susceptible to significant price fluctuations, which could erode gains from dividends.
2. Dividend Sustainability: High dividend yields may not always be sustainable, especially if a company faces financial difficulties, leading to potential dividend cuts or suspensions.
3. Limited Growth Potential: Some high dividend-paying mid-cap stocks may offer limited growth prospects, focusing on income distribution rather than reinvesting profits for expansion.
4. Economic Sensitivity: Mid-cap companies might be more sensitive to economic cycles, impacting their ability to maintain consistent dividend payments during downturns.
5. Concentration Risk: Over-reliance on high dividend yield mid-cap stocks can lead to concentration risk, especially if these stocks are from a single sector, increasing vulnerability to sector-specific downturns.

Introduction to High Dividend Yield Stocks in Mid Cap

Aditya Birla Sun Life Amc Ltd

The Market Cap of Aditya Birla Sun Life AMC Ltd is Rs. 19,764.11 crores. The stock’s monthly return is 4.10%. Its one-year return is 63.48%. The stock is 11.61% away from its 52-week high.

Aditya Birla Sun Life AMC Limited, an India-based company, specializes in offering asset management services to Aditya Birla Sun Life Mutual Fund. 

The company oversees the investment portfolios of the mutual fund and serves as an investment manager for Aditya Birla Real Estate Debt Fund. Additionally, it offers portfolio management services (PMS) and investment advisory services to offshore funds and high-net-worth individuals.  

Gujarat State Petronet Ltd

The Market Cap of Gujarat State Petronet Ltd is Rs. 19321.42 crores. The stock’s monthly return is 11.69%. Its one-year return is 19.66%. The stock is 20.61% away from its 52-week high.

Gujarat State Petronet Limited, an India-based company, operates in the transmission of natural gas through pipelines with open access from supply points to demand centers for end customer distribution. 

The company also focuses on City Gas Distribution, and electricity generation through Windmills. It is involved in developing energy transportation infrastructure to connect natural gas sources, including LNG terminals, to markets. The company serves around 102 customers across various industries such as refineries, steel, fertilizer, petrochemicals, power, glass, textiles, chemicals, and other miscellaneous sectors.

Great Eastern Shipping Company Ltd

The Market Cap of Great Eastern Shipping Company Ltd is Rs. 19,035.86 crore. The stock’s monthly return is 7.17%. Its one-year return is 72.45%. The stock is 22.46% away from its 52-week high.

The Great Eastern Shipping Company Limited, based in India, operates as a private-sector shipping company. It specializes in transporting crude oil, petroleum products, gas, and dry bulk commodities. 

The company serves a diverse clientele, including oil companies, refineries, manufacturers, miners, and producers. Its fleet includes crude oil carriers like JAG LOK, JAG LALIT, and other products.

Mahanagar Gas Ltd

The Market Cap of Mahanagar Gas Ltd is Rs. 18232.90 crore. The stock’s monthly return is 11.04%. Its one-year return is 68.57%. The stock is 6.63% away from its 52-week high.

Mahanagar Gas Limited is an Indian company focused on distributing natural gas. The company distributes both compressed natural gas (CNG) and piped natural gas (PNG) in Mumbai, Thane, and Raigad districts of Maharashtra. 

Operating in the city gas distribution sector, it provides PNG for residential, commercial, and industrial purposes. The residential PNG is commonly used for cooking and heating water, while it is also utilized by various institutions such as hospitals, hotels, and restaurants.  

Manappuram Finance Ltd

The Market Cap of Manappuram Finance Ltd is Rs. 17,749.74 crores. The stock’s monthly return is 0.66%. Its one-year return is 45.22%. The stock is 15.51% away from its 52-week high.

Manappuram Finance Limited is an India-based non-banking financial company that offers credit services to individuals from lower socio-economic backgrounds, especially in rural and semi-urban areas of India. 

The company operates in segments including Gold loans, microfinance, and others, providing a variety of retail credit products and financial services. It has a diverse lending portfolio catering to retail, microfinance, small and medium-sized enterprises (SMEs), and commercial customers.  

Karur Vysya Bank Ltd

The Market Cap of Karur Vysya Bank Ltd is Rs. 17645.22 crores. The stock’s monthly return is 6.60%. Its one-year return is 70.47%. The stock is 9.84% away from its 52-week high.

The Karur Vysya Bank Limited, an Indian banking company, offers a broad array of banking and financial services such as commercial banking and treasury operations. 

Its business is divided into segments including Treasury, Corporate and Wholesale Banking, Retail Banking, and Other Banking Operations. The Treasury segment involves investments in various instruments including government securities, debt instruments, and mutual funds. The Corporate and Wholesale Banking segment includes advances to trusts, firms, and companies.  

Indian Energy Exchange Ltd

The Market Cap of Indian Energy Exchange Ltd is Rs. 17368.39 crore. The stock’s monthly return is 6.73%. Its one-year return is 48.39%. The stock is 5.04% away from its 52-week high.

Indian Energy Exchange Limited, an India-based company, operates an automated trading platform for the physical delivery of electricity, renewables, and certificates. The platform offers multiple market options including electricity, green, and certificates. 

Within the electricity market, there are segments such as the day-ahead market, term-ahead market, real-time market, and cross-border electricity trade. The green market comprises the green term ahead market and the green day-ahead market, while the certificate market includes renewable energy certificates and energy-saving certificates.  

RITES Ltd

The Market Cap of RITES Ltd is Rs. 17,364.21 crore. The stock’s monthly return is -4.21%. Its one-year return is 49.91%. The stock is 20.16% away from its 52-week high.

RITES Limited is an Indian engineering and consulting firm that offers a wide range of services in transportation infrastructure and related technologies, from initial concept development to project completion.

The company operates in four main segments: Consultancy Services, Leasing of railway rolling stock and equipment, Export of rolling stock, equipment, and spare parts, and Turnkey Construction Projects. Its areas of expertise cover a variety of sectors including Railways, Metros, Tunnels and Bridges, Institutional Buildings, Renewable Energy, and Urban Planning and Infrastructure.  

Zensar Technologies Ltd

The Market Cap of Zensar Technologies Ltd is Rs. 17,281.44 crores. The stock’s monthly return is 0.54%. Its one-year return is 56.20%. The stock is 10.11% away from its 52-week high.

Zensar Technologies Limited is a company that provides digital solutions and technology services. They offer a variety of IT services and solutions through two segments: Digital and Application Services (DAS) and Digital Foundation Services (DFS). 

The DAS segment focuses on custom applications management services for application development, maintenance, support, modernization, and testing across different technology and industry sectors. The DFS segment offers infrastructure management services, including hybrid IT, digital workspace, dynamic security, and unified IT services managed through a service platform that utilizes automation, autonomics, and machine learning.  

Top High Dividend Yield Stocks in Mid Cap – FAQs

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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.