Highest Dividend Paying Stocks Under Rs.1000

The table below shows the highest dividend paying stocks under Rs.1000 based on the Highest Market Capitalization.

What Are The Highest Dividend Paying Stocks Under 1000?

Highest dividend-paying stocks under Rs 1000 are shares of companies known for providing substantial dividend yields at relatively low prices. These stocks often belong to established companies with consistent earnings and a solid financial foundation. Investing in such stocks can offer a steady income stream and potential for capital appreciation, making them attractive to income-focused investors.

Features Of Highest Dividend Paying Stocks Under 1000

The feature of the highest dividend-paying stocks under Rs 1000 is their ability to provide significant income through dividends while being relatively affordable.

1. High Dividend Yield: These stocks offer a higher-than-average dividend yield, providing investors with substantial returns.
2. Low Volatility: Typically, these stocks have lower volatility, ensuring more predictable income and investment stability.
3. Established Companies: They are often from well-established companies with a proven track record of profitability.
4. Regular Dividend Payouts: These stocks are known for their consistent and reliable dividend payments over time.
5. Attractive Valuation: They are priced under Rs. 1000, making them accessible to a broader range of investors.

Best Highest Dividend Paying Stocks Under ₹1000

The table below shows best highest dividend paying stocks under ₹1000 based on the highest day Volume.

Top Highest Dividend Paying Stocks Under 1000 in India

The table below shows the top highest dividend paying stocks under 1000 in India based on 1 Year Return. 

Factors To Consider When Investing In Highest Dividend Paying Stocks Under 1000

The factors to consider when investing in the highest dividend-paying stocks under ₹1000 include evaluating the financial health and stability of the company to ensure it can sustain and grow its dividend payments.

1. Dividend Yield: Analyze the dividend yield to determine how much return you can expect relative to the stock price.
2. Payout Ratio: Check the payout ratio to ensure the company isn’t paying out unsustainable amounts in dividends.
3. Earnings Growth: Look for companies with consistent earnings growth, indicating they can maintain or increase dividends.
4. Industry Position: Assess the company’s position within its industry, as leaders are more likely to provide stable dividends.
5. Debt Levels: Consider the company’s debt levels, as high debt can limit its ability to pay dividends.

How To Invest In Highest Dividend Paying Stocks Under Rs.1000?

To invest in the highest dividend-paying stocks under ₹1000, start by researching and selecting stocks with a strong dividend history and solid financial health. Open a trading account through a reliable brokerage platform like Alice Blue, complete the KYC process, and begin investing.

Advantages Of Investing In Highest Dividend Paying Stocks Under 1000

The primary advantage of investing in the highest dividend-paying stocks under ₹1000 is the potential for regular income streams, providing a steady cash flow that can be reinvested or used as passive income.

1. Affordability: Lower-priced stocks are accessible to more investors, enabling diversification with limited capital.
2. Capital Appreciation: These stocks can offer the potential for capital appreciation, boosting overall returns.
3. Reinvestment: Dividends received can be reinvested to buy more shares, compounding growth.
4. Market Entry: Low-cost stocks allow new investors to enter the market and build their portfolios.
5. Risk Mitigation: Diversifying into multiple dividend-paying stocks under ₹1000 can spread and mitigate risk.

Risks Of Investing In Highest Dividend Paying Stocks Under ₹1000

The main risk of investing in the highest dividend-paying stocks under ₹1000 is the potential for price volatility, as these stocks can experience significant price swings, impacting overall investment stability.

1. Dividend Cuts: Companies might reduce or eliminate dividends during financial stress, affecting income.
2. Market Fluctuations: These stocks may be more sensitive to market conditions, leading to higher volatility.
3. Quality Concerns: Some lower-priced stocks may be less established or financially unstable.
4. Limited Growth: High dividend yields may come at the expense of reinvesting profits for growth.
5. Liquidity Issues: Lower-priced stocks may have lower trading volumes, impacting the ease of buying and selling.

Introduction to Highest Dividend Paying Stocks Under 1000

Oil and Natural Gas Corporation Ltd

The Market Cap of Oil and Natural Gas Corporation Ltd is Rs. 415275.02 crores. The stock’s monthly return is 18.95%. Its one-year return is 79.39%. The stock is 11.10% away from its 52-week high.

Oil and Natural Gas Corporation Limited is an Indian company that specializes in the exploration, production, refining, and marketing of crude oil and natural gas. 

The company operates in various business segments including Exploration and Production, as well as Refining and Marketing. Its activities involve exploring, developing, and producing crude oil, natural gas, and related products within India, as well as acquiring oil and gas assets internationally for exploration, development, and production.  

Power Grid Corporation of India Ltd

The Market Cap of Power Grid Corporation of India Ltd is Rs. 333194.13 crores. The stock’s monthly return is 7.44%. Its one-year return is 84.34%. The stock is 5.75% away from its 52-week high.

The Power Grid Corporation of India Limited is a power transmission company that focuses on the planning, implementation, operation, and maintenance of the Inter-State Transmission System (ISTS), as well as providing telecom and consulting services. 

The company has three main segments: Transmission Services, Consulting Services, and Telecom Services. Within Transmission Services, the company is responsible for transmitting bulk power across different states of India through extra high voltage/high voltage networks. The Consulting Services segment offers a wide range of consultancy services in the transmission, distribution, and telecom sectors, including planning, design, engineering, procurement management, and project management.  

Coal India Ltd

The Market Cap of Coal India Ltd is Rs. 323,235.10 crore. The stock’s monthly return is 7.69%. Its one-year return is 117.56%. The stock is 6.99% away from its 52-week high.

Coal India Ltd., an Indian coal mining company, operates in 83 mining areas across eight states in India through its subsidiaries.

The company oversees a total of 322 mines, comprising 138 underground, 171 opencast, and 13 mixed mines, as well as various facilities like workshops and hospitals. Additionally, Coal India Ltd. has 21 training Institutes and 76 Vocational Training Centers.  

Indian Oil Corporation Ltd

The Market Cap of Indian Oil Corporation Ltd is Rs. 2,50,355.44 crores. The stock’s monthly return is 3.74%. Its one-year return is 83.73%. The stock is 15.36% away from its 52-week high.

Indian Oil Corporation Limited is an oil company based in India that operates in various segments including Petroleum Products, Petrochemicals, and Other Business Activities. 

The Other Business Activities segment encompasses gas, oil and gas exploration, explosives, and cryogenic business, as well as windmill and solar power generation. The company is involved in the entire hydrocarbon value chain, from refining and pipeline transportation to marketing, exploration, production of crude oil and gas, petrochemicals, gas marketing, alternative energy sources, and global downstream operations.  

Vedanta Ltd

The Market Cap of Vedanta Ltd is Rs. 169503.17 crore. The stock’s monthly return is -7.24%. Its one-year return is 73.67%. The stock is 22.63% away from its 52-week high.

Vedanta Limited, an Indian-based natural resources company, operates in various sectors including oil and gas, zinc, lead, silver, copper, iron ore, steel, nickel, aluminum, power, and glass substrate. 

The company’s diverse product line includes aluminum ingots, primary foundry alloys, wire rods, billets, and rolled products that serve industries such as power, transportation, construction, packaging, renewable energy, automobile, and aerospace.  

Bharat Petroleum Corporation Ltd

The Market Cap of Bharat Petroleum Corporation Ltd is Rs. 150589.53 crore. The stock’s monthly return is 14.55%. Its one-year return is 89.49%. The stock is 5.08% away from its 52-week high.

Bharat Petroleum Corporation Limited, an Indian company, is engaged in the production, refining, and distribution of petroleum products.

Its diverse business portfolio encompasses fuel services, Bharatgas, MAK Lubricants, refineries, gas operations, industrial and commercial solutions, international trade, and proficiency testing services. Bharat Petroleum also operates in the gas sector, offering services involving natural gas, liquefied natural gas, compressed natural gas, and city gas distribution.  

Bank of Baroda Ltd

The Market Cap of Bank of Baroda Ltd is Rs 1,26,026.10 crore. The stock’s monthly return is -9.86%. Its one-year return is 26.69%. The stock is 24.90% away from its 52-week high.

The Bank of Baroda Limited operates within the banking and financial services sector in India. Its business is divided into segments including Treasury, Corporate / Wholesale Banking, Retail Banking, and Other Banking Operations. The company’s operations are further categorized into Domestic Operations and Foreign Operations. 

The bank offers various personal banking services like savings accounts, current accounts, and term deposits. It also provides a range of digital banking products such as Internet banking, mobile banking, cards, WhatsApp banking, digital signage systems (DSS), self-service passbook printers, and automated teller machines (ATMs). 

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. 

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.

Embassy Office Parks REIT

The Market Cap of Embassy Office Parks REIT is Rs. 32,216.06 crores. The stock’s monthly return is 3.21%. Its one-year return is 21.11%. The stock is 9.02% away from its 52-week high.

Embassy Office Parks REIT (Embassy REIT) is a real estate investment trust based in India. It owns and manages a diverse portfolio of office spaces totaling around 45 million square feet across nine office parks resembling infrastructure and four city center office buildings located in Bengaluru, Mumbai, Pune, and the national capital region (NCR).

Their portfolio, which houses more than 230 companies, consists of approximately 34.3 million square feet of completed operational space.  

Top Highest Dividend Paying Stocks Under 1000 – 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.