Highest Dividend Paying Stocks Under Rs.100

The table below shows the highest dividend-paying stocks under Rs.100 based on the Highest Market Capitalization.

What Are The Highest Dividend Paying Stocks Under 100?

Highest dividend paying stocks under Rs 100 refer to shares of companies that distribute a substantial portion of their earnings to shareholders while being affordable. These stocks provide investors with regular income, making them attractive for those seeking steady returns, especially in the low price bracket.

Features Of Highest Dividend Paying Stocks Under 100

The features of the highest dividend-paying stocks under Rs 100 include consistent dividend payouts and stability in earnings. These stocks are typically from well-established companies with a strong track record of profitability and efficient management.

1. High Dividend Yield: These stocks offer a higher yield compared to their price, ensuring substantial returns for investors.
2. Affordable Entry Point: With prices under Rs 100, these stocks are accessible to a broader range of investors.
3. Stable Companies: Often from sectors like utilities or consumer goods, these companies have stable revenue streams.
4. Long-Term Potential: Despite the low price, these stocks often have good long-term growth prospects.
5. Risk Factors: Investors should consider the financial health and market conditions that might affect these stocks.

Best Highest Dividend Paying Stocks Under ₹100

The table below shows the best highest dividend paying stocks under ₹100 based on the highest day Volume.

Top Highest Dividend Paying Stocks Under 100 in India

The table below shows the top highest dividend paying stocks under 100 in India based on 1-Year Return. 

Factors To Consider When Investing In Highest Dividend Paying Stocks Under 100

The factors to consider when investing in the highest dividend paying stocks under Rs.100 include analyzing the company’s financial health, ensuring it has a strong balance sheet, and consistent revenue growth.

1. Dividend Yield: Evaluate the stock’s dividend yield to understand the return on investment in terms of dividends.
2. Payout Ratio: Check the payout ratio to ensure the company isn’t paying out unsustainable dividends.
3. Earnings Stability: Assess the consistency of the company’s earnings to predict future dividend payments.
4. Industry Position: Consider the company’s position within its industry to gauge long-term viability.
5. Growth Prospects: Look at the growth potential of the company to ensure dividends may increase over time.

How To Invest In Highest Dividend Paying Stocks Under Rs.100?

To invest in the highest dividend paying stocks under Rs.100, start by researching and identifying potential stocks. Open a trading account with a reliable brokerage like Alice Blue Online, fill in KYC details, and start investing. Monitor your investments regularly to stay informed about market conditions and company performance.

Advantages Of Investing In Highest Dividend Paying Stocks Under 100

The primary advantage of investing in the highest dividend paying stocks under Rs.100 is the potential for high returns on a relatively low investment, making it accessible for small investors.

1. Affordable Investment: Stocks under Rs.100 are accessible to investors with limited capital, allowing for portfolio diversification.
2. High Dividend Yield: These stocks often offer high dividend yields, providing a steady income stream.
3. Potential for Growth: Low-priced stocks have significant growth potential, leading to capital appreciation.
4. Regular Income: High dividend paying stocks provide regular income through dividends, enhancing overall returns.
5. Diversification: Investing in multiple high dividend paying stocks can diversify risk and stabilize returns.

Risks Of Investing In Highest Dividend Paying Stocks Under ₹100

The main risk of investing in the highest dividend paying stocks under ₹100 is the potential volatility and instability often associated with lower-priced stocks.

1. Market Volatility: Stocks under ₹100 can be highly volatile, leading to significant price fluctuations.
2. Financial Health: Companies offering high dividends might have underlying financial issues, risking dividend cuts.
3. Limited Information: Lower-priced stocks may have less available information, making informed decisions challenging.
4. Economic Sensitivity: These stocks can be more susceptible to economic downturns, affecting dividend payouts.
5. Liquidity Risks: Lower-priced stocks often have lower trading volumes, making it harder to buy or sell without affecting the stock price.

Introduction to Highest Dividend Paying Stocks Under 100

Punjab National Bank

The Market Cap of Punjab National Bank is ₹1,141,113.43 crores. The stock’s 1-month return is 6.38%, while its 1-year return is -26.94%. The stock is 16.18% away from its 52-week high.

Punjab National Bank (PNB), one of India’s largest public sector banks, has a rich history and a wide network of branches across the country. It offers various banking products and services, including retail banking, corporate banking, and wealth management. PNB has faced some financial challenges in the past, including issues related to non-performing assets (NPAs) and corporate governance, which have impacted its performance. However, the bank has been making efforts to strengthen its balance sheet and improve its operational efficiency, focusing on digital banking and customer-centric services to regain investor confidence.

Despite a negative 1-year return of -26.94%, Punjab National Bank has shown a positive 1-month return of 6.38%, indicating some recovery. The bank’s strong market position, combined with its focus on improving asset quality, should help it navigate through current market challenges. With a 16.18% distance from its 52-week high, PNB’s stock could see further growth if its ongoing restructuring efforts yield results. Investors will be looking closely at how the bank handles future challenges and capitalizes on its growth opportunities.

Canara Bank Ltd

The Market Cap of Canara Bank Ltd is ₹87,558.99 crores. The stock’s 1-month return is 7.74%, while its 1-year return is -21.76%. The stock is 22.81% away from its 52-week high.

Canara Bank Ltd is one of India’s largest public sector banks, offering a wide range of banking services, including savings accounts, loans, and financial products for both individuals and businesses. Established in 1906, the bank has grown into a significant financial player with a vast network of branches across India and international operations. Despite facing market fluctuations and an increase in non-performing assets, Canara Bank has shown resilience by focusing on digital banking, enhancing its services, and expanding its reach in underserved markets.

While the bank’s 1-year return of -21.76% signals some challenges, its positive 1-month return of 7.74% reflects a recovery trend. Canara Bank’s stock is 22.81% away from its 52-week high, indicating room for growth. The bank’s ongoing efforts to enhance customer services, adopt new technologies, and streamline its operations should help it recover and improve its performance in the future. Its strong market presence and diverse service offerings ensure that Canara Bank remains a key player in India’s financial sector.

IDBI Bank Ltd

The Market Cap of IDBI Bank Ltd is ₹86,481.57 crores. The stock’s 1-month return is 2.50%, while its 1-year return is -8.65%. The stock is 22.07% away from its 52-week high.

IDBI Bank Ltd is a leading public sector bank in India, offering a wide array of banking services including corporate banking, retail banking, and specialized financial products. The bank has been undergoing a transformation in recent years, focusing on improving its financial health and addressing its non-performing assets (NPAs). Despite challenges in the banking sector, IDBI Bank has made efforts to strengthen its capital base and improve its operational efficiency through digital initiatives. The bank’s emphasis on expanding its loan portfolio and increasing its focus on retail customers is helping to stabilize its position.

IDBI Bank’s 1-month return of 2.50% shows a moderate recovery, though its 1-year return of -8.65% suggests ongoing struggles. The stock is currently 22.07% away from its 52-week high, indicating potential for growth if the bank continues its restructuring efforts. With its strong government backing and focus on digital banking, IDBI Bank has the opportunity to regain investor confidence and improve its financial position in the coming years.

NHPC Ltd

The Market Cap of NHPC Ltd is ₹86,457.61 crores. The stock’s 1-month return is 5.67%, while its 1-year return is -5.47%. The stock is 21.23% away from its 52-week high.

NHPC Ltd, a public sector undertaking (PSU), is India’s largest power generation company, primarily engaged in the generation of hydroelectric power. The company is also involved in the development of renewable energy sources and has expanded into solar and wind energy projects. NHPC’s role in India’s energy sector is critical as the country continues to focus on increasing its renewable energy capacity. The company’s commitment to sustainable energy and its strong infrastructure makes it a significant player in the power generation industry.

Although NHPC’s 1-year return of -5.47% reflects some market challenges, its 1-month return of 5.67% suggests a potential recovery. The stock’s 21.23% distance from its 52-week high shows room for growth as the company continues to implement its expansion plans in renewable energy. NHPC’s strategic focus on sustainability and clean energy projects is expected to drive its growth and enhance its position in the long run.

NMDC Ltd

The Market Cap of NMDC Ltd is ₹57,102.85 crores. The stock’s 1-month return is -2.54%, while its 1-year return is -22.76%. The stock is 9.10% away from its 52-week high.

NMDC Ltd is a state-owned mineral producer and the largest iron ore mining company in India. The company plays a pivotal role in the mining sector and contributes significantly to India’s iron ore production, catering to both domestic and international markets. With a focus on sustainable mining practices, NMDC continues to invest in new projects and expand its operations. Despite facing fluctuations in commodity prices and global demand, NMDC has maintained a strong market presence and continues to work on enhancing its mining efficiency.

The stock has had a rough year, with a -22.76% return, but the 1-month return of -2.54% shows it may be stabilizing. The stock is currently 9.10% away from its 52-week high, which suggests that there is potential for recovery if the global demand for iron ore picks up. With ongoing expansion projects and a focus on sustainable practices, NMDC remains a key player in the mining industry with a promising long-term outlook.

IDFC First Bank Ltd

The Market Cap of IDFC First Bank Ltd is ₹48,387.00 crores. The stock’s 1-month return is 16.68%, while its 1-year return is -20.77%. The stock is 25.96% away from its 52-week high.

IDFC First Bank Ltd is a private sector bank offering a range of banking products and services including retail banking, corporate banking, and wealth management. The bank has been expanding its customer base through a strong focus on digital banking, and it has invested heavily in improving its technology infrastructure to offer better services. Despite facing challenges with its asset quality and the impact of the COVID-19 pandemic, IDFC First Bank has been working to improve its financial health through a series of strategic moves.

IDFC First Bank’s strong 1-month return of 16.68% shows it has bounced back after a difficult 1-year return of -20.77%. The stock’s 25.96% distance from its 52-week high suggests that there is potential for further growth if the bank’s strategies to enhance its digital banking platform and manage its portfolio of loans prove effective. As the economy recovers, IDFC First Bank’s efforts to expand its customer base and diversify its services should position it for long-term growth.

Bank of Maharashtra Ltd

The Market Cap of Bank of Maharashtra Ltd is ₹38,465.47 crores. The stock’s 1-month return is 3.84%, while its 1-year return is -23.36%. The stock is 19.07% away from its 52-week high.

Bank of Maharashtra Ltd is a prominent public sector bank in India that provides a wide array of banking services, including retail banking, corporate banking, and loans. The bank has a strong presence across India, with branches spread in major cities and towns. Despite facing challenges such as non-performing assets (NPAs) and changes in the regulatory environment, Bank of Maharashtra has remained resilient by focusing on enhancing its operational efficiency and broadening its digital banking capabilities. The bank’s strong focus on improving its capital adequacy ratio and reducing bad loans has helped in sustaining its market position.

Bank of Maharashtra’s 1-month return of 3.84% indicates a positive momentum, but its 1-year return of -23.36% reflects some ongoing challenges. The stock is 19.07% away from its 52-week high, showing potential for recovery if the bank continues to manage its operational challenges and expand its digital services. The government’s backing and the bank’s focus on improving customer services should allow it to recover and potentially outperform in the future.

UCO Bank

The Market Cap of UCO Bank is ₹38,182.96 crores. The stock’s 1-month return is -19.06%, while its 1-year return is -46.39%. The stock is 13.58% away from its 52-week high.

UCO Bank, a government-owned bank in India, offers a comprehensive range of financial services including retail banking, corporate banking, and investment solutions. The bank has a strong presence across India with an extensive branch network. Over the years, UCO Bank has faced challenges related to asset quality and profitability, which have affected its stock performance. The bank has been working on improving its financial position by focusing on reducing its non-performing assets (NPAs) and enhancing its service offerings through digital banking platforms.

The bank’s 1-month return of -19.06% shows that it is experiencing some short-term volatility, and its 1-year return of -46.39% indicates a challenging year. The stock is currently 13.58% away from its 52-week high, suggesting that there could be potential for growth if the bank’s restructuring efforts and focus on digital transformation prove effective. UCO Bank’s focus on improving operational efficiency and asset management strategies will be key to its recovery and future growth prospects.

SJVN Ltd

The Market Cap of SJVN Ltd is ₹37,977.54 crores. The stock’s 1-month return is 1.64%, while its 1-year return is -27.31%. The stock is 19.99% away from its 52-week high.

SJVN Ltd is a public sector undertaking (PSU) engaged in the generation of hydroelectric power. With a strong portfolio of power generation projects, SJVN plays a vital role in India’s energy sector, particularly in renewable energy. The company is also involved in solar and wind power projects, aligning with India’s push towards sustainable and green energy sources. SJVN’s operations span across various states in India, and the company continues to expand its capacity in renewable energy to meet the growing demand for clean power.

Despite a challenging 1-year return of -27.31%, SJVN’s 1-month return of 1.64% shows modest growth. The stock is currently 19.99% away from its 52-week high, indicating that it is still within a reasonable range for future growth. As the company expands its renewable energy projects and continues to benefit from India’s increasing focus on clean energy, SJVN has a solid growth outlook in the long term. The company’s strategic investments in wind and solar power projects will likely drive its future success.

IRB Infrastructure Developers Ltd

The Market Cap of IRB Infrastructure Developers Ltd is ₹28,328.95 crores. The stock’s 1-month return is 2.41%, while its 1-year return is -30.81%. The stock is 14.53% away from its 52-week high.

IRB Infrastructure Developers Ltd is one of India’s leading infrastructure development companies, primarily focused on road and highway construction. The company has a strong portfolio of projects across the country, including toll roads, bridges, and expressways. With a focus on public-private partnership projects, IRB Infrastructure continues to play a critical role in the country’s road and highway development sector. The company has expanded its capabilities and has been awarded several major road projects, making it a significant player in India’s infrastructure space.

Despite a challenging 1-year return of -30.81%, IRB Infrastructure’s 1-month return of 2.41% suggests a potential recovery. The stock is 14.53% away from its 52-week high, signaling that the stock may have some room for growth. The company’s ongoing projects and its strong position in India’s road infrastructure sector are expected to drive growth in the future. As the demand for better infrastructure continues to rise, IRB Infrastructure is well-positioned to benefit from India’s increasing focus on upgrading its roads and highways.

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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.