The below table shows Paper Stocks With High Dividend Yields based on the Highest Market Capitalization.
Name | Market Cap (Cr) | Close Price (rs) |
JK Paper Ltd | 6040.89 | 356.6 |
West Coast Paper Mills Ltd | 4005.54 | 606.45 |
Seshasayee Paper and Boards Ltd | 1993.9 | 316.15 |
Andhra Paper Ltd | 1962.85 | 493.55 |
Tamilnadu Newsprint & Papers Ltd | 1817.47 | 262.6 |
Kuantum Papers Ltd | 1331.21 | 152.55 |
Orient Paper and Industries Ltd | 930.43 | 43.85 |
Ruchira Papers Ltd | 357.69 | 119.85 |
Content:
- What are Paper Stocks?
- Best Paper Stocks With High Dividend Yield
- Top Paper Stocks With High Dividend Yield
- List Of Paper Stocks With High Dividend Yield
- High Dividend Paper Stocks
- Who Should Invest In Paper Stocks With High Dividend Yield?
- How To Invest In The Paper Stocks With High Dividend Yield?
- Performance Metrics Of Paper Stocks With High Dividend Yield
- Benefits Of Investing In Paper Stocks With High Dividend Yield
- Challenges Of Investing In Paper Stocks With High Dividend Yield
- Introduction to Paper Stocks With High Dividend Yield
- Paper Stocks With High Dividend – FAQs
What are Paper Stocks?
Paper stocks refer to shares of companies involved in the production and distribution of paper products. These stocks represent ownership in businesses that manufacture various types of paper, including printing paper, packaging materials, and specialty papers, essential for numerous industrial and consumer applications.
Companies in the paper industry are engaged in transforming wood pulp and other raw materials into finished paper products. This sector is critical for producing essential items like packaging materials, which have seen increased demand due to the rise of e-commerce.
Investing in paper stocks allows shareholders to benefit from the industry’s dynamics, such as innovations in sustainable packaging solutions and the cyclical nature of paper product demand. This sector often experiences growth correlating with economic expansions and increased consumer spending.
Best Paper Stocks With High Dividend Yield
The table below shows the Best Paper Stocks With a High Dividend Yield based on 1 Year Return.
Name | Close Price (rs) | 1Y Return (%) |
Seshasayee Paper and Boards Ltd | 316.15 | 17.57 |
Ruchira Papers Ltd | 119.85 | 10.87 |
Orient Paper and Industries Ltd | 43.85 | 8.41 |
Kuantum Papers Ltd | 152.55 | 7.73 |
West Coast Paper Mills Ltd | 606.45 | 6.9 |
Andhra Paper Ltd | 493.55 | 6.6 |
Tamilnadu Newsprint & Papers Ltd | 262.6 | 5.74 |
JK Paper Ltd | 356.6 | -5.54 |
Top Paper Stocks With High Dividend Yield
The table below shows Top Paper Stocks With High Dividend Yield based on 1 Month Return.
Name | Close Price (rs) | 1M Return (%) |
JK Paper Ltd | 356.6 | 3.93 |
Tamilnadu Newsprint & Papers Ltd | 262.6 | 2.92 |
Ruchira Papers Ltd | 119.85 | 1.67 |
Orient Paper and Industries Ltd | 43.85 | -0.8 |
Seshasayee Paper and Boards Ltd | 316.15 | -0.85 |
Kuantum Papers Ltd | 152.55 | -1.03 |
West Coast Paper Mills Ltd | 606.45 | -1.66 |
Andhra Paper Ltd | 493.55 | -2.25 |
List Of Paper Stocks With High Dividend Yield
The table below shows a List Of Paper Stocks With High Dividend Yields based on the highest day Volume.
Name | Close Price (rs) | Daily Volume (Shares) |
Orient Paper and Industries Ltd | 43.85 | 463359 |
JK Paper Ltd | 356.6 | 295202 |
Kuantum Papers Ltd | 152.55 | 92133 |
Andhra Paper Ltd | 493.55 | 57356 |
Tamilnadu Newsprint & Papers Ltd | 262.6 | 54241 |
West Coast Paper Mills Ltd | 606.45 | 48452 |
Ruchira Papers Ltd | 119.85 | 36194 |
Seshasayee Paper and Boards Ltd | 316.15 | 17947 |
High Dividend Paper Stocks
The table below shows a list of High Dividend Paper Stocks based on the PE Ratio.
Name | Close Price (rs) | PE Ratio (%) |
Orient Paper and Industries Ltd | 43.85 | 18.1 |
Seshasayee Paper and Boards Ltd | 316.15 | 7.68 |
Tamilnadu Newsprint & Papers Ltd | 262.6 | 6.77 |
Ruchira Papers Ltd | 119.85 | 6.38 |
Kuantum Papers Ltd | 152.55 | 6.21 |
JK Paper Ltd | 356.6 | 5.26 |
Andhra Paper Ltd | 493.55 | 4.44 |
West Coast Paper Mills Ltd | 606.45 | 4.2 |
Who Should Invest In Paper Stocks With High Dividend Yield?
Investors seeking steady income through dividends and those interested in sustainable industry practices should consider investing in paper stocks with high dividend yields. These stocks are appealing for their potential to offer regular payouts and participate in the growing demand for eco-friendly paper products.
Investors with a focus on environmental sustainability may find paper stocks particularly attractive, as many companies in this sector are transitioning towards greener practices. This includes recycling and the use of renewable resources, aligning investment with environmental stewardship.
Moreover, these stocks can provide a buffer during market volatility, given their essential role in both consumer and industrial applications. High dividend yields from paper stocks can offer a cushion against economic fluctuations, making them a prudent choice for conservative investors.
How To Invest In The Paper Stocks With High Dividend Yield?
To invest in paper stocks with high dividend yields, utilizing a brokerage platform like Alice Blue can facilitate access to these investments. This approach allows you to strategically position yourself in a sector that combines regular dividend income with potential capital appreciation.
Begin by conducting thorough research on paper companies that consistently offer high dividends. Examine their financial health, dividend history, and sustainability practices, as these factors are crucial for long-term stability and profitability. Prioritize firms with a proven track record of managing economic cycles effectively.
Diversification within the paper stock sector is also important. Include companies from different sub-sectors, such as packaging, specialty papers, and recycling operations. This strategy can help reduce risk and enhance the resilience of your investment portfolio against sector-specific downturns or disruptions.
Performance Metrics Of Paper Stocks With High Dividend Yield
Performance metrics of paper stocks with high dividend yields typically include dividend yield, payout ratio, and earnings per share (EPS). These metrics help investors evaluate the financial health and profitability of paper companies, ensuring the sustainability of dividends and the potential for long-term growth.
Dividend yield is crucial, representing the percentage of a company’s stock price paid out as dividends annually. A high dividend yield can signal strong income potential but should be balanced against the company’s ability to sustain these payouts without financial strain.
The payout ratio, another essential metric, indicates the portion of earnings a company returns to shareholders as dividends. A reasonable payout ratio suggests that the company is not overextending itself, which is vital for maintaining dividend payments during economic downturns or operational challenges.
Benefits Of Investing In Paper Stocks With High Dividend Yield
The main benefits of investing in paper stocks with high dividend yield include receiving regular income through dividends, the potential for capital appreciation, and exposure to a sector essential to global commerce and sustainability efforts. These stocks can also provide portfolio diversification and inflation protection.
- Consistent Income Generator: Paper stocks with high dividend yields offer regular, reliable dividend payments, providing investors with a steady income stream. This can be particularly beneficial for those looking for financial stability without needing to liquidate their investments.
- Growth Potential: As global awareness and demand for sustainable products increase, paper companies are innovating with eco-friendly solutions. This shift not only supports sustainability but also opens up the potential for significant capital appreciation, aligning investor profits with positive environmental impact.
- Inflation Hedge: Investing in paper stocks can serve as a hedge against inflation. Since paper products are essential goods, the sector can pass on increased costs to consumers, helping preserve the value of dividends and investments during inflationary periods.
- Diversification Benefits: Including high-dividend paper stocks in your portfolio helps diversify investment risks. Paper stocks often perform differently from tech or financial sectors, providing balance and reducing overall portfolio volatility, especially during economic downturns.
Challenges Of Investing In Paper Stocks With High Dividend Yield
The main challenges of investing in paper stocks with high dividend yields include vulnerability to economic downturns, fluctuations in raw material costs, and environmental regulations. These factors can affect the profitability and sustainability of dividends, posing risks to investors looking for stable and predictable returns.
- Dividend Risk: High dividend yields might be unsustainable if a company faces financial difficulties. Firms may reduce or eliminate dividends to conserve cash, which can lead to a significant drop in stock price and impact investors relying on dividend income for cash flow.
- Growth Limitations: Companies with high dividend yields often reinvest less back into the business, which can limit growth opportunities. This stagnation can make these stocks less appealing to investors seeking capital appreciation, potentially leading to underperformance compared to growth-oriented stocks.
- Value Traps: A high dividend yield might appear attractive, but it can also signal a value trap. If the yield is high because the stock price has fallen due to fundamental business issues, investors may face capital losses even as they receive dividends.
Introduction to Paper Stocks With High Dividend Yield
JK Paper Ltd
The Market Cap of JK Paper Ltd stands at ₹6,040.89 crore. Its monthly return is -5.54%, while the annual return amounts to 3.93%. Currently, the stock is 26.75% below its 52-week high.
JK Paper Limited is a leading producer of papers and paper boards based in India. The company offers a wide range of products including office documentation papers, uncoated and coated papers, and various types of packaging boards. From economy to premium grades, JK Paper covers a comprehensive spectrum of office documentation needs, supplying photocopy and multi-purpose papers suitable for desktops, inkjet and laser printers, fax machines, photocopiers, and multifunctional devices.
The product line extends to specialized uncoated writing and printing papers, highlighted by the super bright JK Maplitho. Among its offerings are JK Bond, JK MICR Cheque Paper, and JK Parchment Paper, as well as coated varieties like JK Cote and JK Superkote. For packaging solutions, JK Paper presents products such as JK Ultima and JK TuffCote, catering to diverse industry requirements with high-quality, durable materials.
West Coast Paper Mills Ltd
The Market Cap of West Coast Paper Mills Ltd is ₹4,005.54 crore. It has a monthly return of 6.90% and a one-year return of -1.66%. The stock is currently 34.39% away from its 52-week high.
West Coast Paper Mills Limited, based in India, specializes in manufacturing paper for printing, writing, and packaging purposes. The company operates two primary segments: Paper/Paperboard, which includes a Duplex Board produced at Dandeli, and Telecommunication Cables manufactured in Mysore. The company serves various industries such as printing, writing, publishing, stationery, notebook, and packaging sectors across India.
The Dandeli facility is a comprehensive pulp and paper plant that produces a diverse range of paper and paperboard types. Meanwhile, the Mysore plant focuses on producing optical fiber cable to meet the needs of the telecommunication sector. West Coast Paper Mills offers a spectrum of paper brands from commercial to premium grades, ranging from 52 to 600 GSM. Additionally, they provide specialty papers like MICR Cheque Paper, Bond, Parchment, and others designed for high-security and high-value needs.
Seshasayee Paper and Boards Ltd
The Market Cap of Seshasayee Paper and Boards Ltd is ₹1,993.90 crore. This stock has seen a monthly return of 17.57% and a one-year return of -0.85%. It is currently 33.43% below its 52-week high.
Seshasayee Paper and Boards Limited is a prominent India-based enterprise, specializing in the production and sale of paper and paper boards. It operates in the domain of manufacturing printing and writing paper, ensuring a diverse product range. The company maintains facilities at Erode and Tirunelveli, with a combined capacity to produce approximately 255,000 tons of paper annually.
The product lineup of Seshasayee Paper includes various grades like MF I, MF II, MG, Yankee, and MF III. MF I features a colorful range including Color Sprint and Azurelaid, along with specialized papers like Parchment and Ledger Paper. MF II offers types like Creamwove and School Mate, while MG products range from colored MG Posters to Plain Posters. The Yankee line features unique products such as MG Ribbed Kraft and various Plain Posters.
Andhra Paper Ltd
The Market Cap of Andhra Paper Ltd is ₹1,962.85 crore. The stock has achieved a monthly return of 6.60% and experienced a one-year return of -2.25%. Currently, it is 36.74% away from its 52-week high.
Andhra Paper Limited is a prominent Indian company specializing in paper and packaging. The firm is engaged in producing and selling pulp, paper, and paper boards designed for various business and home applications. Their product lineup includes notable brands such as Primavera, Primavera White, Truprint Ivory, CCS, Truprint Ultra, Starwhite, Deluxe Maplitho (RS), Sapphire Star, Skytone, and Write Choice. These products cater to a wide range of needs including notebooks, textbooks, journals, reference books, calendars, and commercial printing.
The company not only serves the domestic market but also exports to international clients, offering an extensive selection of writing, printing, copier, and industrial papers. Andhra Paper is known for its specialty-grade products which are tailored to meet specific client requirements across various applications. Additionally, the company provides a variety of office documentation and multipurpose papers suitable for both home and commercial uses. Operating from two manufacturing units located in Rajahmundry and Kadiyam, Andhra Paper has a substantial total production capacity of approximately 240,000 TPA.
Tamilnadu Newsprint & Papers Ltd
The Market Cap of Tamilnadu Newsprint & Papers Ltd is ₹1,817.47 crore. It has posted a monthly return of 5.74% and an annual return of 2.92%. The stock is currently 26.05% below its 52-week high.
Tamilnadu Newsprint and Papers Limited, based in India, specializes in the production and marketing of paper, paper boards, cement, and power generation. The company operates in segments including Paper and Paper Board, where it focuses on manufacturing and selling a variety of paper products such as TNPL Ace Marvel, TNPL Radiant Stationery, and TNPL Radiant Platinum, among others.
The Energy segment is involved in generating power through turbo generators and windmills for both captive consumption and power export. Additionally, the company manufactures and markets cement products, notably TNPL Power Bond and TNPL Power Pack. Their packaging board products include Aura Grafik, Aura Fold Eco, and several other specialized types.
Kuantum Papers Ltd
The Market Cap of Kuantum Papers Ltd is ₹1,331.21 crore. It has achieved a monthly return of 7.73% and recorded a one-year return of -1.03%. Currently, the stock is 48.05% below its 52-week high.
Kuantum Papers Limited, based in India, focuses on manufacturing and selling paper primarily in the domestic market. Their operations encompass the production of writing, printing, and specialty papers. The range includes various types of paper like maplitho, colored paper, ledger, and cartridge, as well as parchment, duplicating, and other specialty papers free from wood content.
The company’s products are integral in printing books, trade directories, newsprints, diaries, and calendars, as well as in producing computer stationery. Kuantum Papers also caters to the notebook and other stationery sectors, serving both export and domestic markets. Their product lineup features creamwove, maplitho, copier, color copier, and other specialties, marketed under brands such as Kuantum Gold, Kosheen, and Krayo, among others.
Orient Paper and Industries Ltd
The Market Cap of Orient Paper and Industries Ltd is ₹930.43 crore. It has seen a monthly return of 8.41% and a one-year return of -0.80%. The stock is currently 36.37% away from its 52-week high.
Orient Paper and Industries Limited, based in India, is primarily involved in the manufacturing and selling of paper, paper-related products, and chemicals. The company operates through two key segments: paper and tissue, and chemicals. Their product lineup encompasses a variety of papers including writing, printing, tissues, and specialty papers. Additionally, they are engaged in the production and sales of pulp and various paper products such as WPP reels and sheets.
They specialize in producing pulp and tissue jumbo rolls and handle both domestic sales and exports. Orient Paper and Industries also manufactures a range of chemicals like caustic soda flakes and lye, hydrochloric acid, liquified chlorine, and bleaching powder, catering to the Indian market. Their primary customers are tissue converters who utilize specialized materials to manufacture products such as napkins, facial tissues, towels, and toilet paper, with the company providing jumbo rolls that are specially optimized for the tissue converting industry.
Ruchira Papers Ltd
The Market Cap of Ruchira Papers Ltd is ₹357.69 crore. It has registered a monthly return of 10.87% and an annual return of 1.67%. Currently, the stock is 37.00% below its 52-week high.
Ruchira Papers Limited, based in India, specializes in paper manufacturing. The company produces Kraft Paper and Writing & Printing Paper. Their Kraft Paper is crafted using waste paper and agricultural residues like Bagasse, wheat straw, and sarkanda, making it eco-friendly. This type of paper is primarily used in the packaging industry for making corrugated boxes and other materials.
Additionally, Ruchira Papers manufactures Writing and Printing Paper utilizing materials such as wheat straw, Bagasse, sarkanda, and Softwood Pulp. This paper is used for various applications, including notebooks, wedding cards, shade cards, children’s coloring books, and bill books. The company also produces copier paper. With a production capacity of 400 tonnes per day, Ruchira Papers operates out of a manufacturing plant located in Kala-Amb, Himachal Pradesh.
Paper Stocks With High Dividend – FAQs
Best Paper Stocks With High Dividend Yield #1: JK Paper Ltd
Best Paper Stocks With High Dividend Yield #2: West Coast Paper Mills Ltd
Best Paper Stocks With High Dividend Yield #3: Seshasayee Paper and Boards Ltd
Best Paper Stocks With High Dividend Yield #4: Andhra Paper Ltd
Best Paper Stocks With High Dividend Yield #5: Tamilnadu Newsprint & Papers Ltd
The Top Best Paper Stocks With High Dividend Yield based on market capitalization.
The top paper stocks with high dividend yield include JK Paper Ltd, West Coast Paper Mills Ltd, Seshasayee Paper and Boards Ltd, Andhra Paper Ltd, and Tamilnadu Newsprint & Papers Ltd. These companies offer attractive dividend returns to investors seeking opportunities in the paper industry.
Yes, investing in paper stocks with high dividend yield can be a viable strategy for income-oriented investors. Companies like JK Paper Ltd, West Coast Paper Mills Ltd, Seshasayee Paper and Boards Ltd, Andhra Paper Ltd, and Tamilnadu Newsprint & Papers Ltd offer opportunities for potential dividend income.
Investing in paper stocks with high dividend yield can be advantageous for income-focused investors seeking regular returns. However, it’s crucial to conduct thorough research on each company’s financial health, market position, and future prospects before investing. Diversification and a long-term investment perspective are also important considerations for portfolio stability.
To invest in paper stocks with high dividend yield, start by researching companies such as JK Paper Ltd, West Coast Paper Mills Ltd, Seshasayee Paper and Boards Ltd, Andhra Paper Ltd, and Tamilnadu Newsprint & Papers Ltd. Then, open a brokerage account, analyze financials, and consider diversification to mitigate risks.
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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.