Markets / Dividend stocks

Dividend stocks

At today's prices

Indian companies that raised their dividend every year, paid one every year since 2010, grew it fastest, and the highest yields among steady payers.

Raised the dividend every year for 7 years+Paid a dividend every year for 16 years+Fastest dividend growth over 5 yearsHighest yield

Raised the dividend every year for 7 years or more · 18

The dividend a share went up every year, adjusted for bonuses and splits.

CompanyYieldPaidRaised5-yrPrice (₹)P/EMkt cap
ITC5.09% 17 yrs16 yrs+6.2% 285.0018.9₹3.57 L Cr
Pidilite Industries0.75% 17 yrs16 yrs+22.0% 1,525.7057.9₹1.55 L Cr
Persistent Systems0.67% 17 yrs16 yrs+32.0% 6,003.0052.5₹94,697 Cr
Berger Paints (I)0.84% 17 yrs16 yrs+11.4% 475.5045.2₹55,443 Cr
KEI Industries0.11% 17 yrs12 yrs+17.6% 4,040.0036.6₹38,622 Cr
Supreme Industries1.12% 17 yrs10 yrs+10.4% 3,307.5037.2₹42,022 Cr
MphasiS2.53% 17 yrs9 yrs+10.3% 2,455.0023.4₹46,880 Cr
Honeywell Automation India0.36% 17 yrs9 yrs+5.3% 30,640.0047.7₹26,963 Cr
Fiem Industries1.88% 17 yrs9 yrs+38.0% 2,133.3019.8₹5,615 Cr
Reliance Infrastructure0.00% 9 yrs8 yrs+5.1% 56.410.7₹2,305 Cr
D-Link (India)6.70% 17 yrs8 yrs+70.6% 410.4013.2₹1,457 Cr
HCL Technologies4.35% 16 yrs7 yrs+27.2% 1,378.0020.4₹3.74 L Cr
Polycab India0.59% 8 yrs7 yrs+36.3% 7,904.0037.7₹1.19 L Cr
Dixon Technologies (India)0.08% 9 yrs7 yrs+58.5% 12,798.0050.5₹78,260 Cr
Central Depository Services (India)0.88% 8 yrs7 yrs+23.2% 1,447.0059.9₹30,242 Cr
AstraZeneca Pharma India0.60% 7 yrs7 yrs+78.3% 6,031.5084.8₹15,079 Cr
Ksb0.67% 16 yrs7 yrs+20.9% 653.2547.6₹11,367 Cr
RPG Life Sciences0.93% 17 yrs7 yrs+27.2% 2,569.0040.1₹4,248 Cr

Fastest dividend growth over 5 years · 50

Yearly growth of the dividend a share over the last five full years, among companies that paid in each of them.

CompanyYieldPaidRaised5-yrPrice (₹)P/EMkt cap
Gujarat Mineral Development Corporation1.95% 17 yrs0 yrs+116.4% 488.3023.5₹15,528 Cr
Cemindia Projects0.23% 10 yrs5 yrs+90.4% 1,314.8036.2₹22,588 Cr
Ingersoll Rand (India)1.88% 17 yrs0 yrs+90.4% 3,991.1046.2₹12,600 Cr
Banco Products (I)3.38% 17 yrs2 yrs+87.2% 680.5517.5₹9,735 Cr
Wipro4.11% 17 yrs2 yrs+85.6% 194.6014.6₹1.93 L Cr
BLS International Services1.09% 10 yrs1 yr+82.1% 229.4913.2₹9,449 Cr
AstraZeneca Pharma India0.60% 7 yrs7 yrs+78.3% 6,031.5084.8₹15,079 Cr
Garware Technical Fibres0.14% 17 yrs2 yrs+78.3% 728.0030.0₹7,109 Cr
Ndr Auto Components0.55% 6 yrs5 yrs+74.1% 730.4024.9₹1,737 Cr
NRB Bearing1.87% 17 yrs3 yrs+73.9% 426.0529.0₹4,128 Cr
KDDL0.19% 10 yrs1 yr+72.6% 4,150.00–₹5,105 Cr
D-Link (India)6.70% 17 yrs8 yrs+70.6% 410.4013.2₹1,457 Cr
Jubilant Ingrevia0.85% 6 yrs0 yrs+70.2% 591.6526.7₹9,354 Cr
The Bombay Burmah Trading Corporation1.32% 17 yrs0 yrs+69.9% 1,285.607.0₹8,967 Cr
Bharat Bijlee1.29% 9 yrs0 yrs+69.5% 2,722.9023.7₹3,077 Cr
City Union Bank0.86% 17 yrs3 yrs+67.9% 232.4015.5₹23,026 Cr
The Great Eastern Shipping Company3.26% 17 yrs2 yrs+67.0% 1,518.004.8₹21,390 Cr
Honda India Power Products1.33% 17 yrs5 yrs+66.1% 1,992.0039.9₹2,020 Cr
Alembic2.12% 14 yrs0 yrs+64.4% 113.4711.5₹2,914 Cr
Trent0.13% 17 yrs5 yrs+58.5% 3,165.2089.0₹1.69 L Cr
Dixon Technologies (India)0.08% 9 yrs7 yrs+58.5% 12,798.0050.5₹78,260 Cr
Force Motors0.26% 8 yrs3 yrs+58.5% 19,600.0021.6₹25,833 Cr
Apollo Micro Systems0.05% 8 yrs0 yrs+58.5% 475.60127.2₹17,673 Cr
Anant Raj0.21% 13 yrs1 yr+58.5% 478.5528.8₹17,223 Cr
Elecon Engineering Company0.45% 6 yrs0 yrs+58.5% 444.0040.7₹9,963 Cr
Greaves Cotton0.89% 6 yrs0 yrs+58.5% 225.9767.0₹5,264 Cr
Jagsonpal Pharmaceuticals1.85% 17 yrs2 yrs+58.5% 216.3031.7₹1,441 Cr
Mahindra & Mahindra Financial Services2.61% 6 yrs6 yrs+56.5% 286.8511.1₹39,864 Cr
Indian Bank1.96% 6 yrs6 yrs+55.6% 932.859.5₹1.26 L Cr
Computer Age Management Services1.82% 6 yrs3 yrs+55.6% 726.0535.3₹18,036 Cr
Indian Railway Catering And Tourism Corporation1.97% 7 yrs5 yrs+55.2% 457.7027.9₹36,616 Cr
HBL Engineering0.38% 17 yrs6 yrs+53.7% 799.5537.8₹22,164 Cr
Hindustan Copper0.65% 6 yrs2 yrs+52.2% 439.8528.9₹42,534 Cr
The Indian Hotels Company0.37% 8 yrs4 yrs+52.0% 890.3057.3₹1.27 L Cr
ABB India1.70% 16 yrs0 yrs+51.1% 7,054.5050.0₹1.49 L Cr
Lumax Industries0.96% 17 yrs1 yr+51.0% 5,699.9024.4₹5,328 Cr
Maharashtra Scooters1.84% 17 yrs1 yr+50.0% 11,950.0044.8₹13,659 Cr
Can Fin Homes1.92% 17 yrs5 yrs+49.6% 781.459.0₹10,406 Cr
Automotive Axles1.76% 16 yrs1 yr+48.0% 1,815.3015.7₹2,743 Cr
Neuland Laboratories0.16% 8 yrs1 yr+46.7% 21,078.0060.1₹27,192 Cr
Nava0.96% 17 yrs2 yrs+46.7% 574.7517.3₹16,291 Cr
Dalmia Bharat0.60% 8 yrs0 yrs+46.6% 1,491.9057.9₹28,346 Cr
Varun Beverages0.46% 9 yrs1 yr+46.5% 432.8042.2₹1.46 L Cr
Apollo Hospitals Enterprise0.23% 17 yrs5 yrs+46.1% 8,526.0054.7₹1.23 L Cr
HPL Electric & Power0.38% 10 yrs0 yrs+46.1% 263.5018.3₹1,694 Cr
The Ruby Mills0.53% 17 yrs1 yr+46.1% 472.6021.4₹1,580 Cr
Escorts Kubota2.12% 7 yrs3 yrs+45.9% 2,401.8020.4₹26,871 Cr
JM Financial2.97% 17 yrs6 yrs+45.4% 114.5610.9₹10,963 Cr
UltraTech Cement1.98% 17 yrs3 yrs+45.3% 12,100.0040.5₹3.57 L Cr
Apar Industries0.41% 17 yrs1 yr+44.6% 14,667.0079.6₹61,411 Cr

Highest dividend yield among steady payers · 50

Dividends of the last 12 months ÷ today's price, for companies that paid every year for at least 5 years.

CompanyYieldPaidRaised5-yrPrice (₹)P/EMkt cap
Indo Borax & Chemicals10.56% 5 yrs1 yr– 378.7026.0₹1,215 Cr
GOCL Corporation8.78% 12 yrs2 yrs+38.0% 341.504.6₹1,693 Cr
Accelya Solutions India7.95% 17 yrs0 yrs+9.0% 1,006.1015.8₹1,502 Cr
Alldigi Tech7.19% 6 yrs2 yrs+32.0% 834.0513.5₹1,271 Cr
Oil & Natural Gas Corporation6.78% 17 yrs1 yr+29.8% 225.005.7₹2.83 L Cr
Gateway Distriparks6.78% 5 yrs0 yrs– 47.9210.2₹2,394 Cr
D-Link (India)6.70% 17 yrs8 yrs+70.6% 410.4013.2₹1,457 Cr
Coal India6.57% 16 yrs0 yrs+10.6% 403.507.5₹2.49 L Cr
Vedanta6.16% 16 yrs2 yrs+29.0% 259.684.7₹1.02 L Cr
Chennai Petroleum Corporation6.09% 5 yrs1 yr– 1,428.203.7₹21,267 Cr
Castrol India6.05% 13 yrs4 yrs+0.6% 190.1318.6₹18,806 Cr
HeidelbergCement India5.78% 10 yrs0 yrs-2.6% 121.2125.4₹2,747 Cr
Indian Oil Corporation5.73% 17 yrs1 yr+0.6% 144.045.9₹2.03 L Cr
REC5.67% 16 yrs0 yrs+18.9% 301.855.3₹79,484 Cr
Power Finance Corporation5.61% 7 yrs3 yrs+21.1% 334.254.2₹1.10 L Cr
R Systems International5.52% 5 yrs0 yrs– 253.4013.6₹3,003 Cr
Bata India5.29% 16 yrs0 yrs+17.6% 642.1554.9₹8,253 Cr
ITC5.09% 17 yrs16 yrs+6.2% 285.0018.9₹3.57 L Cr
NMDC5.01% 17 yrs3 yrs+6.2% 69.808.2₹61,367 Cr
Balmer Lawrie & Company4.93% 17 yrs0 yrs+7.2% 172.449.8₹2,949 Cr
Navneet Education4.89% 7 yrs0 yrs+8.4% 122.788.6₹2,701 Cr
Cesc4.67% 17 yrs1 yr+5.9% 128.4811.0₹17,088 Cr
Quess Corp4.67% 6 yrs0 yrs+2.7% 342.5018.6₹5,116 Cr
Tata Consultancy Services4.65% 17 yrs1 yr+16.4% 2,407.5016.9₹8.72 L Cr
Gujarat Pipavav Port4.61% 11 yrs4 yrs+18.2% 173.5915.2₹8,392 Cr
Gulf Oil Lubricants India4.52% 12 yrs4 yrs+26.1% 1,129.3013.8₹5,596 Cr
D.B.Corp4.51% 17 yrs0 yrs+18.5% 155.148.4₹2,765 Cr
Infosys4.47% 16 yrs6 yrs+12.2% 1,141.5015.0₹4.63 L Cr
Housing & Urban Development Corporation4.47% 10 yrs1 yr+22.7% 167.607.5₹33,552 Cr
Gujarat Narmada Valley Fertilizers and Chemicals4.47% 11 yrs2 yrs+21.3% 469.606.6₹6,903 Cr
HCL Technologies4.35% 16 yrs7 yrs+27.2% 1,378.0020.4₹3.74 L Cr
Wipro4.11% 17 yrs2 yrs+85.6% 194.6014.6₹1.93 L Cr
Rites4.07% 8 yrs0 yrs+0.9% 195.5223.2₹9,397 Cr
Monte Carlo Fashions4.01% 7 yrs0 yrs+5.9% 498.9511.5₹1,034 Cr
Gujarat Energy3.83% 10 yrs2 yrs+34.8% 232.5010.3₹21,783 Cr
Indiamart Intermesh3.73% 7 yrs0 yrs+32.0% 1,610.0019.3₹9,676 Cr
National Aluminium Company3.64% 17 yrs3 yrs+26.9% 330.0010.9₹60,609 Cr
Procter & Gamble Hygiene and Health Care3.63% 17 yrs1 yr+6.9% 7,030.0029.4₹22,819 Cr
Bhansali Engineering Polymers3.56% 16 yrs0 yrs+43.1% 112.5012.6₹2,800 Cr
Procter & Gamble Health3.49% 14 yrs5 yrs+31.1% 5,870.0032.2₹9,744 Cr
Hero MotoCorp3.44% 17 yrs5 yrs+15.5% 5,385.0018.0₹1.08 L Cr
Gujarat State Fertilizers & Chemicals3.44% 17 yrs0 yrs+17.8% 145.1910.2₹5,786 Cr
Banco Products (I)3.38% 17 yrs2 yrs+87.2% 680.5517.5₹9,735 Cr
Indraprastha Gas3.34% 17 yrs1 yr+21.4% 142.3320.0₹19,926 Cr
Bharat Petroleum Corporation3.31% 17 yrs1 yr-4.5% 302.008.2₹1.29 L Cr
Gillette India3.31% 11 yrs4 yrs+21.1% 7,247.0035.4₹23,618 Cr
The Great Eastern Shipping Company3.26% 17 yrs2 yrs+67.0% 1,518.004.8₹21,390 Cr
La Opala RG3.22% 17 yrs0 yrs+27.2% 155.0518.5₹1,721 Cr
Canara Bank3.21% 5 yrs5 yrs– 130.915.8₹1.19 L Cr
Bank of Baroda3.10% 5 yrs5 yrs– 273.847.2₹1.42 L Cr

Dividends from NSE corporate actions since 2010, adjusted for bonus issues and splits so every year compares with one share today. A final dividend counts in the financial year it was earned. Companies worth less than ₹1,000 crore and SME listings are left out. Tap a company for its full dividend history (Fundamentals tab). You can also filter on these figures in the stock screener.

Dividends from NSE corporate actions, adjusted for bonuses and splits. Information only, not investment advice.

Which Indian stocks have increased their dividend every year?

The first list on this page shows companies whose dividend a share went up in every one of the last several financial years, with the longest runs first. Dividends are adjusted for bonus issues and splits, so a bonus does not look like a cut.

Which companies have paid a dividend every year?

The second list shows companies that paid a dividend in every financial year for at least the number of years shown, largest companies first. The history starts in 2010.

What is dividend growth?

How fast the dividend a share has grown each year on average over the last five full financial years. A company that paid ₹10 five years ago and ₹16 now grew its dividend about 9.9% a year.

Is a high dividend yield always good?

No. A very high yield can mean the share price has fallen sharply or that a one-off special dividend was paid. That is why the yield list only includes companies that paid every year for at least five years, and yields above 20% are left out.

How often is this page updated?

Prices and yields follow today's price. The dividend history is refreshed every week with each company's corporate actions from NSE. This is information only, not investment advice.