Highest Dividend Paying Stocks Under Rs.200

The table below shows the highest dividend paying stocks under Rs.200 based on the Highest Market Capitalization.

What Are The Highest Dividend Paying Stocks Under 200?

Highest dividend paying stocks under Rs 200 refer to shares of companies that offer significant dividend payouts while being affordably priced. These stocks are appealing to investors seeking regular income through dividends, particularly in the sub ₹200 price range, making them a popular choice for cost-conscious income-focused investors.

Features Of Highest Dividend Paying Stocks Under 200

The main feature of high dividend paying stocks under Rs.200 is their ability to provide substantial returns on investment through regular dividend payouts.

1. Stable Earnings: These companies generally have stable and predictable earnings, enabling them to distribute consistent dividends to shareholders.
2. Low Price Volatility: Stocks under 200 Rs often exhibit lower price volatility, making them less risky and more attractive to conservative investors.
3. Strong Financial Health: Firms offering high dividends typically have strong balance sheets, low debt levels, and ample cash reserves to support dividend payments.
4. Attractive Yield: These stocks provide a higher dividend yield compared to others, offering better returns relative to their market price.
5. Reputable Management: Companies with a history of high dividend payouts usually have experienced and reputable management teams committed to returning value to shareholders.

Best Highest Dividend Paying Stocks Under ₹200

The table below shows the best highest dividend paying stocks under ₹200 based on the highest day Volume.

Top Highest Dividend Paying Stocks Under 200 in India

The table below shows the top highest dividend paying stocks under 200 in India based on 1 Year Return. 

Factors To Consider When Investing In Highest Dividend Paying Stocks Under 200

The factors to consider when investing in the highest dividend paying stocks under ₹200 include assessing the company’s financial health to ensure it can consistently sustain dividend payments.

1. Dividend Yield: Evaluate the dividend yield to understand the return on investment. A higher yield indicates better returns but might also imply higher risk.
2. Payout Ratio: Check the payout ratio to see the percentage of earnings paid out as dividends. A lower ratio suggests a balance between dividends and retained earnings for growth.
3. Earnings Stability: Examine the consistency of the company’s earnings. Stable earnings indicate the company can reliably pay dividends without significant risk of cuts.
4. Debt Levels: Assess the company’s debt levels. High debt can limit the company’s ability to pay dividends, especially during economic downturns, affecting its financial stability.
5. Industry Position: Consider the company’s market position. Market leaders or companies with a competitive edge are more likely to maintain steady dividends and withstand market fluctuations.

How To Invest In Highest Dividend Paying Stocks Under Rs.200?

To invest in the highest dividend paying stocks under ₹200, start by researching financially sound companies with consistent dividend histories. Open a trading account with a trusted broker like Alice Blue. Monitor stock performance and reinvest dividends to maximize returns.

Advantages Of Investing In Highest Dividend Paying Stocks Under 200

The primary advantage of investing in the highest dividend paying stocks under ₹200 is the potential for high-yield returns, offering regular income at a lower investment cost.

1. Regular Income: These stocks provide a steady income stream through dividends, appealing to those seeking passive income or supplemental earnings.
2. Lower Capital Requirement: Investing in lower-priced stocks enables portfolio diversification without substantial capital, mitigating overall investment risk and enhancing stability.
3. Potential for Capital Gains: These stocks may appreciate in value, offering capital gains along with dividend income, thereby boosting total returns for investors.
4. Reinvestment Opportunities: Dividends can be reinvested to purchase additional shares, compounding returns over time and increasing the investment’s overall value.
5. Inflation Hedge: Dividend-paying stocks can act as a hedge against inflation, as companies often raise dividends to keep up with rising costs, preserving purchasing power.

Risks Of Investing In Highest Dividend Paying Stocks Under ₹200

The main risk of investing in the highest dividend paying stocks under ₹200 is the potential for high volatility, as these stocks can be more sensitive to market fluctuations.

1. Dividend Cuts: Companies may reduce or eliminate dividends during financial difficulties, reducing expected income and impacting investor cash flow.
2. Market Volatility: Stocks under ₹200 can experience significant price swings, leading to potential capital losses and increased investment risk during market downturns.
3. Economic Sensitivity: These stocks may be more vulnerable to economic changes, affecting their ability to maintain dividend payments and overall financial health.
4. Lower Liquidity: Stocks priced under ₹200 might have lower trading volumes, causing higher bid-ask spreads and difficulty in executing large trades without affecting prices.
5. Limited Growth Potential: Some high-dividend-paying stocks may prioritize returning earnings to shareholders over business expansion, limiting long-term growth prospects.

Introduction to Highest Dividend Paying Stocks Under 200 

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, alternative energy sources, and global downstream operations. 

Tata Steel Ltd

The Market Cap of Tata Steel Ltd is Rs. 1,97,514.44 crore. The stock’s monthly return is -9.76%. Its one-year return is 26.06%. The stock is 23.21% away from its 52-week high.

Tata Steel Limited is an Indian global steel company with an annual crude steel capacity of around 35 million tons. The company’s main focus is on manufacturing and distributing steel products worldwide. 

Tata Steel and its subsidiaries cover various aspects of the steel production process, starting from mining and refining iron ore and coal to the distribution of finished goods. Their product range includes various types of steel such as cold-rolled, BP sheets, Galvano, HR commercial, hot-rolled pickled and oiled, and high tensile steel strapping, among others. 

Punjab National Bank

The Market Cap of Punjab National Bank is Rs. 1,32,418.47 crores. The stock’s monthly return is -1.96%. Its one-year return is 88.64%. The stock is 25.42% away from its 52-week high.

Punjab National Bank (PNB) is a bank headquartered in India. It operates through various segments including Treasury Operations, Corporate/Wholesale Banking, Retail Banking, and Other Banking Operations. 

The bank offers a range of products including personal, corporate, international, and capital services. Personal products encompass deposits, loans, housing projects, NPA settlement options, accounts, insurance, government services, financial inclusion, and priority sector services.  

Union Bank of India Ltd

The Market Cap of Union Bank of India Ltd is Rs. 1,01,733.12 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. 

Canara Bank Ltd

The Market Cap of Canara Bank Ltd is Rs. 100,221.63 crore. The stock’s monthly return is -5.73%. Its one-year return is 60.14%. The stock is 22.46% away from its 52-week high.

Canara Bank Limited (the Bank) is a bank based in India that operates in various segments, including Treasury Operations, Retail Banking Operations, Wholesale Banking Operations, Life Insurance Operations, and Other Banking Operations. 

The Bank offers a wide range of products and services, such as personal banking and corporate banking. Personal banking services include depository services, mutual funds, ancillary services, technology products, retail loan products, micro, small, and medium enterprise loan products, and card services, among others.  

Bank of India Ltd

The Market Cap of Bank of India Ltd is Rs. 57,472.88 crore. The stock’s monthly return is 6.22%. Its one-year return is 46.97%. The stock is 29.10% away from its 52-week high.

Bank of India Limited (the Bank) is an India-based financial institution. It is divided into distinct segments comprising Treasury Operations, Wholesale Banking Operations, and Retail Banking Operations. 

The Treasury Operations segment deals with the bank’s investment portfolio, including government and other securities trading, money market activities, and foreign exchange operations. The Wholesale Banking Operations segment encompasses all loans and advances not categorized under retail banking.

SJVN Ltd

The Market Cap of SJVN Ltd is Rs. 56,514.38 crores. The stock’s monthly return is 2.96%. Its one-year return is 154.31%. The stock is 18.56% away from its 52-week high.

SJVN Limited, an India-based company, primarily focuses on electricity generation and power generation tariffs. 

The company offers three main products and services, including electricity generation from hydro, wind, and solar sources, consultancy services, and power transmission. Its business portfolio encompasses thermal, hydro, wind, and solar power generation, power transmission, consultancy services, and power trading.  

L&T Finance Ltd

The Market Cap of L&T Finance Ltd is Rs. 44153.07 crore. The stock’s monthly return is -5.24%. Its one-year return is 30.85%. The stock is 15.26% away from its 52-week high.

L&T Finance Holdings Limited (LTFH) is an Indian non-banking financial company providing a variety of financial products and services through its subsidiary, L&T Finance Limited, under the L&T Finance brand. 

The company is divided into segments including Retail business, Wholesale business (including real estate finance and infrastructure finance), Defocused business, and Others (covering asset management and additional business/investment activities).

CESC Ltd

The Market Cap of CESC Ltd is Rs. 23,803.27 crores. The stock’s monthly return is 12.60%. Its one-year return is 117.79%. The stock is 13.00% away from its 52-week high.

CESC Limited, based in India, is involved in the production and delivery of electricity. The company’s operations cover the entire process of coal mining, power generation, and power distribution. 

Its activities include operations in Kolkata and other areas, with a focus on distributing electricity and operating generation facilities in Kolkata, Howrah, Hooghly, North, and South 24 Parganas in West Bengal. The company owns and operates thermal and renewable energy projects with a combined capacity of around 800 MW through its subsidiaries.  

Nexus Select Trust

The Market Cap of Nexus Select Trust is Rs. 20,173.74 crore. The stock’s monthly return is 2.97%. Its one-year return is 24.54%. The stock is 7.45% away from its 52-week high.

Nexus Select Trust is an urban consumption real estate investment trust based in India. The company’s portfolio consists of 17 Grade A urban consumption centers spanning approximately 9.2 million square feet across 14 cities in India. 

Additionally, it includes two hotel assets with 354 keys and three office assets spanning about 1.3 million square feet. The urban consumption centers house over 1,044 domestic and international brands with 2,893 stores, attracting more than 130 million footfalls annually.  

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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.