The table below shows the high dividend yield stocks in nifty midcap 100 based on the Highest Market Capitalization.
Name | Market Cap (Cr) | Close Price | Dividend Yield % |
IDBI Bank Ltd | 108330.45 | 94.49 | 1.49 |
Union Bank of India Ltd | 101733.12 | 125.73 | 2.7 |
Oil India Ltd | 98572.43 | 575.65 | 2.6 |
Cummins India Ltd | 97320.76 | 3497.9 | 1.08 |
Oracle Financial Services Software Ltd | 90092.31 | 9882.6 | 2.31 |
HDFC Asset Management Company Ltd | 88075.58 | 4029.65 | 1.7 |
Hindustan Petroleum Corp Ltd | 82825.49 | 388.75 | 5.4 |
Indian Bank | 80272.32 | 581.0 | 2.01 |
Ashok Leyland Ltd | 73454.73 | 244.0 | 1.98 |
NMDC Ltd | 69135.92 | 224.29 | 3.07 |
Content:
- What Are The High Dividend Yield Stocks in Nifty Midcap 100?
- Features Of High Dividend Yield Stocks in Nifty Midcap 100
- Best High Dividend Yield Stocks in Nifty Midcap 100
- Top High Dividend Yield Stocks in Nifty Midcap 100 in India
- Factors To Consider When Investing In High Dividend Yield Stocks in Nifty Midcap 100
- How To Invest In High Dividend Yield Stocks in Nifty Midcap 100?
- Advantages Of Investing In High Dividend Yield Stocks in Nifty Midcap 100
- Risks Of Investing In High Dividend Yield Stocks in Nifty Midcap 100
- Introduction to High Dividend Yield Stocks in Nifty Midcap 100
- Top High Dividend Yield Stocks in Nifty Midcap 100 – FAQs
What Are The High Dividend Yield Stocks in Nifty Midcap 100?
High dividend yield stocks in the Nifty Midcap 100 refer to companies within the Nifty Midcap 100 index that offer relatively high dividend payouts in comparison to their share prices. These stocks are particularly appealing to investors who seek consistent income through dividends, making them a popular choice for income-focused investment strategies.
Features Of High Dividend Yield Stocks in Nifty Midcap 100
The feature of high dividend yield stocks in Nifty Midcap 100 is that they provide substantial returns through dividends relative to their share prices, making them attractive for income-focused investors.
- Consistent Dividend Payments: These stocks regularly distribute dividends, offering a dependable income stream to investors.
- Robust Financial Health: Companies typically have strong balance sheets and healthy cash flows, supporting sustainable dividend payments.
- Lower Volatility: These stocks often exhibit reduced price volatility, presenting a safer investment option during market fluctuations.
- Attractive Valuations: They may be undervalued, presenting potential for capital gains along with dividend income.
- Stable Earnings: High dividend yield companies generally have predictable and stable earnings, ensuring consistent dividend distributions.
Best High Dividend Yield Stocks in Nifty Midcap 100
The table below shows the best high dividend yield stocks in nifty midcap 100 based on the highest day Volume.
Name | Close Price | Daily Volume (Shares) | Dividend Yield % |
IDBI Bank Ltd | 94.49 | 26116200.0 | 1.49 |
Union Bank of India Ltd | 125.73 | 22443132.0 | 2.7 |
Ashok Leyland Ltd | 244.0 | 16265652.0 | 1.98 |
Hindustan Petroleum Corp Ltd | 388.75 | 14077705.0 | 5.4 |
NMDC Ltd | 224.29 | 8465657.0 | 3.07 |
Oil India Ltd | 575.65 | 6880683.0 | 2.6 |
Indian Bank | 581.0 | 2600143.0 | 2.01 |
Cummins India Ltd | 3497.9 | 1442742.0 | 1.08 |
HDFC Asset Management Company Ltd | 4029.65 | 812074.0 | 1.7 |
Oracle Financial Services Software Ltd | 9882.6 | 316816.0 | 2.31 |
Top High Dividend Yield Stocks in Nifty Midcap 100 in India
The table below shows the top high dividend yield stocks in nifty midcap 100 in India based on 1-Year Return.
Name | Close Price | 1Y Return % | Dividend Yield % |
Oil India Ltd | 575.65 | 216.58 | 2.6 |
Oracle Financial Services Software Ltd | 9882.6 | 150.03 | 2.31 |
Hindustan Petroleum Corp Ltd | 388.75 | 117.75 | 5.4 |
Cummins India Ltd | 3497.9 | 99.68 | 1.08 |
NMDC Ltd | 224.29 | 99.19 | 3.07 |
Indian Bank | 581.0 | 67.39 | 2.01 |
HDFC Asset Management Company Ltd | 4029.65 | 64.42 | 1.7 |
Union Bank of India Ltd | 125.73 | 45.69 | 2.7 |
IDBI Bank Ltd | 94.49 | 44.81 | 1.49 |
Ashok Leyland Ltd | 244.0 | 33.3 | 1.98 |
Factors To Consider When Investing In High Dividend Yield Stocks in Nifty Midcap 100
The factors to consider when investing in high dividend yield stocks in Nifty Midcap 100 include evaluating the company’s financial stability and growth potential to ensure sustainable and consistent dividend payments.
- Dividend Yield: Assess the dividend yield to gauge the return on investment. Higher yields can offer better returns but may also indicate higher risk.
- Payout Ratio: Evaluate the payout ratio, which shows the portion of earnings paid as dividends. A lower ratio suggests the company retains earnings for growth while paying dividends.
- Earnings Stability: Review the company’s earnings consistency. Stable earnings indicate the company’s ability to maintain regular dividend payments without interruption.
- Debt Levels: Examine the company’s debt levels. High debt can limit the company’s capacity to pay dividends, particularly during economic downturns, impacting financial stability.
- Industry Position: Consider the company’s position within its industry. Companies with strong competitive advantages are more likely to provide reliable dividends.
How To Invest In High Dividend Yield Stocks in Nifty Midcap 100?
To invest in high dividend yield stocks in Nifty Midcap 100, research companies with strong financials and consistent dividend histories. Open a trading account with a reliable broker like Alice Blue. Regularly review stock performance and reinvest dividends for maximum returns.
Advantages Of Investing In High Dividend Yield Stocks in Nifty Midcap 100
The primary advantage of investing in high dividend yield stocks in Nifty Midcap 100 is the potential for regular income through dividends, providing financial stability and passive income streams.
- Consistent Income: High dividend yield stocks offer regular dividend payments, making them attractive for investors seeking steady income, particularly retirees or those relying on passive income.
- Capital Preservation: These stocks are often less volatile, helping preserve capital while providing regular income, and reducing the risk compared to growth-oriented stocks.
- Potential for Capital Gains: These stocks have the potential for price appreciation, offering capital gains along with dividend income, thereby enhancing overall returns for investors.
- Reinvestment Opportunities: Dividends received can be reinvested to purchase additional shares, compounding returns over time and increasing the value of the investment portfolio.
- Inflation Protection: Dividend-paying stocks can act as a hedge against inflation, as companies may increase dividends over time, protecting the purchasing power of income.
Risks Of Investing In High Dividend Yield Stocks in Nifty Midcap 100
The main risk of investing in high dividend yield stocks in Nifty Midcap 100 is the potential for dividend cuts during economic downturns, affecting expected income streams.
- Dividend Reductions: Companies may cut or eliminate dividends during financial difficulties, leading to reduced income for investors dependent on these payments for regular income.
- Market Volatility: High dividend yield stocks may still be subject to market volatility, causing fluctuations in stock prices and potential capital losses for investors.
- Economic Sensitivity: These stocks can be more vulnerable to economic cycles, affecting their ability to maintain consistent dividend payments during downturns.
- High Debt Levels: Companies with high dividend yields may also have significant debt, increasing financial risk and potentially jeopardizing future dividend payments.
- Sector Concentration: High dividend yield stocks may be concentrated in specific sectors, such as utilities or real estate, exposing investors to sector-specific risks and reducing diversification.
Introduction to High Dividend Yield Stocks in Nifty Midcap 100
IDBI Bank Ltd
The Market Cap of IDBI Bank Ltd is Rs. 108330.45 crore. The stock’s monthly return is 19.84%. Its one-year return is 44.81%. The stock is 14.19% away from its 52-week high.
IDBI Bank Limited, headquartered in India, operates under various segments including Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking Operations.
The Treasury segment handles investments, money market operations, derivative trading, and foreign exchange operations for both the Company’s proprietary account and customers. The Retail Banking segment focuses on credit and deposit services targeted at individuals and small businesses, with a particular emphasis on priority sector lending.
Union Bank of India Ltd
The Market Cap of Union Bank of India Ltd is Rs. 101733.12 crores. The stock’s monthly return is -1.63%. Its one-year return is 45.69%. The stock is 37.20% away from its 52-week high.
Union Bank of India Ltd. is a banking company based in India, offering various services through different segments. These segments include Treasury Operations, Corporate and Wholesale Banking, Retail Banking Operations, and Other Banking Operations.
The Treasury Operations segment provides a variety of account options, such as savings and current accounts, term and recurring deposits, and demat and online trading accounts. The Corporate and Wholesale Banking segment offers services like trade finance, working capital facilities, lines of credit, project financing, and channel finance.
Oil India Ltd
The Market Cap of Oil India Ltd is Rs. 98,572.43 crore. The stock’s monthly return is 23.67%. Its one-year return is 216.58%. The stock is 13.44% away from its 52-week high.
Indian Oil Corporation Limited is an oil company based in India. The company is divided into segments, including Petroleum Products, Petrochemicals, and Other Business Activities.
The Other Business Activities segment encompasses various operations such as gas exploration, oil exploration, explosives, cryogenic business, as well as windmill and solar power generation. The company’s activities cover the entire spectrum of the hydrocarbon value chain, including refining, pipeline transportation, marketing, crude oil and gas exploration, petrochemicals, gas marketing, alternative energy sources, and global downstream operations.
Cummins India Ltd
The Market Cap of Cummins India Ltd is Rs. 97,320.76 crore. The stock’s monthly return is -14.23%. Its one-year return is 99.68%. The stock is 19.27% away from its 52-week high.
Cummins India Limited is a company based in India that specializes in manufacturing diesel and natural gas engines for various markets such as power generation, industrial, and automotive.
The company operates through distinct business units focusing on engines, power systems, and distribution. In the engine segment, Cummins India produces engines ranging from 60 horsepower (HP) for different types of commercial vehicles and off-highway equipment.
Oracle Financial Services Software Ltd
The Market Cap of Oracle Financial Services Software Ltd is Rs. 90,092.31 crore. The stock’s monthly return is -0.91%. Its one-year return is 150.03%. The stock is 15.80% away from its 52-week high.
Oracle Financial Services Software Limited is a company based in India that specializes in providing technology solutions and processing services to the financial industry.
Its operations are divided into two segments: Product licenses and related activities, which involve banking software products and services such as enhancements, implementation, and maintenance; and information technology solutions and consulting services, which cover the entire lifecycle of applications used by financial institutions.
HDFC Asset Management Company Ltd
The Market Cap of HDFC Asset Management Company Ltd is Rs. 88,075.58 crores. The stock’s monthly return is -2.44%. Its one-year return is 64.42%. The stock is 6.62% away from its 52-week high.
HDFC Asset Management Company Limited serves as a mutual fund manager, offering asset management services to HDFC Mutual Fund as well as providing portfolio management and advisory services to clients.
Their range of products includes various investment options, such as mutual funds (both active and passive), portfolio management services, and alternative investment opportunities designed to meet the diverse needs of their customers. The company also offers financial management, advisory, brokerage, and consulting services, with a widespread network of 228 investor service centers in over 200 cities.
Hindustan Petroleum Corp Ltd
The Market Cap of Hindustan Petroleum Corp Ltd is Rs 82,825.49 crore. The stock’s monthly return is 18.31%. Its one-year return is 117.75%. The stock is 4.59% away from its 52-week high.
Hindustan Petroleum Corporation Limited is a company involved in refining crude oil, marketing petroleum products, producing hydrocarbons, managing exploration and production blocks, generating power, and operating a liquefied natural gas regasification terminal currently under construction.
The company is divided into two segments: Downstream Petroleum, which focuses on refining and marketing petroleum products, and other segments engaged in hydrocarbon exploration and production, as well as sugar and ethanol manufacturing.
Indian Bank
The Market Cap of the Indian Bank is Rs. 80,272.32 crore. The stock’s monthly return is 10.09%. Its one-year return is 67.39%. The stock is 8.90% away from its 52-week high.
Indian Bank is involved in the provision of banking and financial services, with operations divided into different segments. These segments consist of Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking Business.
The Treasury Segment oversees the investment portfolio, foreign exchange, and derivative trading. The Corporate/Wholesale Banking segment manages lending activities for corporate accounts, commercial clients, and distressed assets.
Ashok Leyland Ltd
The Market Cap of Ashok Leyland Ltd is Rs. 73,454.73 crore. The stock’s monthly return is 10.20%. Its one-year return is 33.30%. The stock is 6.15% away from its 52-week high.
Ashok Leyland Limited is an Indian company involved in automobile manufacturing. The company’s core operations include manufacturing and selling various commercial vehicles, providing vehicle and housing finance, offering IT services, and producing engines for industrial and marine purposes, as well as forging and castings.
The company is divided into segments such as Commercial Vehicles and Financial Services. Its truck lineup comprises haulage, ICV, tippers, and tractors, while its bus range includes city, intercity, school, college, staff, stage carrier, and tourist buses.
NMDC Ltd
The Market Cap of NMDC Ltd is Rs. 69,135.92 crores. The stock’s monthly return is -5.65%. Its one-year return is 99.19%. The stock is 27.67% away from its 52-week high.
NMDC Steel Limited, an Indian company, is involved in the production of iron ore. The company operates mechanized iron ore mines in Chhattisgarh and Karnataka. It currently produces approximately 35 million tons per year from its facilities in the Bailadila Sector in Chhattisgarh and Donimalai in the Bellary-Hospet region of Karnataka.
Additionally, NMDC Steel Limited is in the process of establishing a 3 million-ton integrated steel plant in Nagarnar, Chhattisgarh, which will specialize in manufacturing hot rolled coil, sheets, and plates.
Top High Dividend Yield Stocks in Nifty Midcap 100 – FAQs
Top High Dividend Yield Stocks in Nifty Midcap 100 #1:IDBI Bank Ltd
Top High Dividend Yield Stocks in Nifty Midcap 100 #2:Union Bank of India Ltd
Top High Dividend Yield Stocks in Nifty Midcap 100 #3:Oil India Ltd
Top High Dividend Yield Stocks in Nifty Midcap 100 #4:Cummins India Ltd
Top High Dividend Yield Stocks in Nifty Midcap 100 #5:Oracle Financial Services Software Ltd
The top 5 stocks are based on market capitalization.
The Best High Dividend Yield Stocks In the Nifty 100 based on one-year returns are Oil India Ltd, Oracle Financial Services Software Ltd, Hindustan Petroleum Corp Ltd, Cummins India Ltd, and NMDC Ltd.
Investing in high dividend yield stocks in Nifty Midcap 100 can provide a steady income stream and potential for growth. Research companies, analyze financials and market positions, and consider your investment goals and risk tolerance before making any purchase decisions.
Yes, you can buy high dividend yield stocks in Nifty Midcap 100. However, it’s crucial to consider industry-specific risks, conduct thorough research, and align with your investment goals before making decisions. Evaluating the financial health and future prospects of the companies is essential for making informed investment choices.
To invest in high dividend yield stocks in the Nifty Midcap 100, open an account with a brokerage platform. For instance, you can start by visiting Alice Blue, complete the KYC process, and begin trading. Ensure you diversify your investments and regularly review your portfolio.
We hope you’re clear on the topic, but there’s more to explore in stocks, commodities, mutual funds, and related areas. Here are important topics to learn about.
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.