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Best Monthly Dividend Paying Stocks in India – Top 10 Stocks You Must Know!

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The below table represents the Monthly Dividend Paying Stocks In India based on 1 Year Returns.

Stock Data
NameClose PriceDividend Yield %1Y Return %EPS (Q)
Union Bank of India Ltd148.851.85105.174.89
Britannia Industries Ltd4971.51.487.2123.11
Balkrishna Industries Ltd2297.50.69-0.2115.8
Supreme Industries Ltd4054.20.6352.6720.17
Happiest Minds Technologies Ltd841.950.610.073.98
Punjab National Bank123.90.52142.942.21
Polycab India Ltd4307.350.4643.7827.5
Dalmia Bharat Ltd2127.20.4310.4314.02
Dr. Lal PathLabs Ltd2451.90.2524.589.77
Indian Hotels Company Ltd532.950.1966.733.18

Unlock the Best Monthly Dividend Paying Stocks in India and take a step towards securing your financial future!

Best Monthly Dividend Stocks In India

Explore the monthly dividend stocks in India, where steady returns meet strategic investment. Discover the allure of consistent income as we navigate through top-performing companies, revealing the keys to their resilience and the rewards they offer investors.

Ready to start your journey of financial stability? Let’s uncover the best monthly dividend stocks in this blog.

Union Bank of India Ltd

Union Bank of India Ltd. is a banking company based in India. Its segments include Treasury Operations, Corporate and Wholesale Banking, Retail Banking Operations, and Other Banking Operations. Treasury Operations provides various account options. Corporate and Wholesale Banking offers services like trade finance and project financing. Retail Banking Operations include mutual funds and insurance products. Other Banking Operations offer NRI banking and treasury services.

Britannia Industries Ltd

Britannia Industries Limited, an Indian food products company, specializes in manufacturing and selling various food items. Its product categories include biscuits, dairy, breads, rusk, cakes, and snacking. Popular biscuit brands include Good Day, Marie Gold, and NutriChoice. Dairy products encompass cheese, paneer, and dairy whitener. Bread varieties range from gourmet to white and wheat flour. Cake selections include Gobbles and Fudge, while snacking options comprise Treat Croissant and Time Pass Salted Snacks.

Balkrishna Industries Ltd

Balkrishna Industries Limited, an Indian company, specializes in manufacturing and selling off-highway tires (OHT) for various specialized segments. These include agricultural, industrial, construction, earthmovers, port, mining, forestry, and all-terrain vehicles (ATV). The company’s tires cater to a wide range of applications, such as tractors, harvesters, excavators, forklifts, dump trucks, and mining vehicles, across different industries and sectors.

Supreme Industries Ltd

Supreme Industries Limited is a leading manufacturer of plastic products, operating through four segments: Plastics Piping Products, Industrial Products, Packaging Products, and Consumer Products. Its diverse range includes plastic piping systems, consumer furniture, industrial components, and packaging solutions. With approximately 28 manufacturing facilities across India, the company offers a wide range of plastic products, serving various sectors including construction, consumer goods, and industrial applications.

Happiest Minds Technologies Ltd

Happiest Minds Technologies Limited is an Indian IT consulting and services company specializing in digital transformation. Its segments include Infrastructure Management & Security Services (IMSS), Digital Business Solutions (DBS), and Product Engineering Services (PES). IMSS provides support and managed security services, while DBS focuses on digital modernization and application development. PES offers digital foundry and platform engineering. The company serves mid-sized enterprises and technology firms, offering solutions across various digital technologies like RPA, SDN/NFV, big data analytics, IoT, cloud, BPM, and security.

Punjab National Bank

Punjab National Bank (PNB) is an Indian bank with segments including Treasury Operations, Corporate/Wholesale Banking, Retail Banking, and Other Banking Operations. Its product categories span personal, corporate, international, and capital services. Personal products cover deposits, loans, housing projects, insurance, and government business. Corporate offerings include loans, forex services, cash management, and gold card schemes. International services encompass FX retail platform, NRI services, trade finance, and outward remittance. Capital services include depository, mutual funds, merchant banking, and blocked amount applications.

Polycab India Ltd

Polycab India Limited manufactures wires and cables and is involved in fast-moving electrical goods (FMEG). It operates through three segments: Wires and Cables, FMEG, and Others. The Wires and Cables segment focuses on manufacturing and selling wires and cables, while the FMEG segment includes products like fans, LED lighting, switches, solar products, and domestic appliances. The Others segment comprises the engineering, procurement, and construction (EPC) business, which involves power distribution and rural electrification projects. The company owns about 25 manufacturing facilities across Gujarat, Maharashtra, Uttarakhand, and Daman.

Dalmia Bharat Ltd

Dalmia Bharat Limited is an Indian cement manufacturing company primarily engaged in producing and selling cement and related products. Its segments include the Cement division and Others. The Cement division produces various grades of cement like OPC, PSC, PPC, and specialty types of cement. The Others segment includes Investment division and management services. The company’s brands include Dalmia DSP Cement, Dalmia Cement, and Konark Cement, catering to individual consumers and institutional customers.

Dr. Lal PathLabs Ltd

Dr. Lal PathLabs Limited, an Indian company, specializes in providing diagnostic and healthcare tests and services. It operates laboratories conducting various pathological investigations including biochemistry, hematology, microbiology, and virology. The company offers a wide range of tests covering conditions such as allergies, diabetes, viral infections, cancer, and more. Subsidiaries include Paliwal Diagnostics Private Limited and Dr. Lal PathLabs Nepal Private Limited.

Indian Hotels Company Ltd

The Indian Hotels Company Limited, an Indian hospitality firm, specializes in owning, operating, and managing hotels, palaces, and resorts. Its diverse portfolio includes premium brands like Taj, SeleQtions, Vivanta, and Ginger, along with various F&B, wellness, and lifestyle brands. Taj, its flagship brand, boasts about 100 hotels, while Ginger has around 85 hotels across 50 locations. The company also offers culinary and food delivery services through the Qmin app, with an offline presence via Qmin Shops, QSR, and food trucks.

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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.

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