The table below shows the highest dividend-paying stocks under Rs.100 based on the Highest Market Capitalization.
Name | Market Cap (Cr) | Close Price | Dividend Yield % |
Punjab National Bank | 1,14,090.45 | 99.23 | 1.45 |
IDBI Bank Ltd | 85,524.61 | 79.19 | 1.89 |
Canara Bank Ltd | 85,318.55 | 93.96 | 3.42 |
NHPC Ltd | 77,778.70 | 77.47 | 2.45 |
NMDC Ltd | 58,606.26 | 66.63 | 3.63 |
UCO Bank | 50,203.07 | 42.45 | 0.67 |
Bank of Maharashtra Ltd | 38,396.24 | 49.88 | 2.58 |
SJVN Ltd | 37,486.32 | 95.8 | 1.89 |
IRB Infrastructure Developers Ltd | 32,133.52 | 53.17 | 0.56 |
Punjab & Sind Bank | 31,781.04 | 47 | 0.43 |
Table of Contents
What Are The Highest Dividend Paying Stocks Under 100?
Highest dividend paying stocks under Rs 100 refer to shares of companies that distribute a substantial portion of their earnings to shareholders while being affordable. These stocks provide investors with regular income, making them attractive for those seeking steady returns, especially in the low price bracket.
Features Of Highest Dividend Paying Stocks Under 100
The features of the highest dividend-paying stocks under Rs 100 include consistent dividend payouts and stability in earnings. These stocks are typically from well-established companies with a strong track record of profitability and efficient management.
- High Dividend Yield: These stocks offer a higher yield compared to their price, ensuring substantial returns for investors.
- Affordable Entry Point: With prices under Rs 100, these stocks are accessible to a broader range of investors.
- Stable Companies: Often from sectors like utilities or consumer goods, these companies have stable revenue streams.
- Long-Term Potential: Despite the low price, these stocks often have good long-term growth prospects.
- Risk Factors: Investors should consider the financial health and market conditions that might affect these stocks.
Best Highest Dividend Paying Stocks Under ₹100
The table below shows the best highest dividend paying stocks under ₹100 based on the highest day Volume.
Name | Close Price | Daily Volume (Shares) | Dividend Yield % |
NMDC Ltd | 66.63 | 34829425 | 3.63 |
Punjab National Bank | 99.23 | 27525728 | 1.45 |
Ujjivan Small Finance Bank Ltd | 38.65 | 18941278 | 1 |
Canara Bank Ltd | 93.96 | 18046271 | 3.42 |
Motherson Sumi Wiring India Ltd | 55.44 | 14313448 | 1.44 |
Bank of Maharashtra Ltd | 49.88 | 13126381 | 2.58 |
South Indian Bank Ltd | 25.72 | 10868367 | 1.17 |
NHPC Ltd | 77.47 | 10094621 | 2.45 |
IRB Infrastructure Developers Ltd | 53.17 | 8656592 | 0.56 |
SJVN Ltd | 95.8 | 6332578 | 1.89 |
Top Highest Dividend Paying Stocks Under 100 in India
The table below shows the top highest dividend paying stocks under 100 in India based on 1-Year Return.
Name | Close Price | 1Y Return % | Dividend Yield % |
Lloyds Engineering Works Ltd | 75.65 | 36.92 | 0.26 |
Lloyds Enterprises Ltd | 51.44 | 32.47 | 0.2 |
NBCC (India) Ltd | 92.24 | -12.46 | 0.45 |
Canara Bank Ltd | 93.96 | -14.91 | 3.42 |
Powergrid Infrastructure Investment Trust | 80.99 | -16.19 | 2.37 |
IDBI Bank Ltd | 79.19 | -16.33 | 1.89 |
NMDC Ltd | 66.63 | -17.89 | 3.63 |
Punjab National Bank | 99.23 | -19.91 | 1.45 |
Motherson Sumi Wiring India Ltd | 55.44 | -21.36 | 1.44 |
IRB Infrastructure Developers Ltd | 53.17 | -22.83 | 0.56 |
Factors To Consider When Investing In Highest Dividend Paying Stocks Under 100
The factors to consider when investing in the highest dividend paying stocks under Rs.100 include analyzing the company’s financial health, ensuring it has a strong balance sheet, and consistent revenue growth.
- Dividend Yield: Evaluate the stock’s dividend yield to understand the return on investment in terms of dividends.
- Payout Ratio: Check the payout ratio to ensure the company isn’t paying out unsustainable dividends.
- Earnings Stability: Assess the consistency of the company’s earnings to predict future dividend payments.
- Industry Position: Consider the company’s position within its industry to gauge long-term viability.
- Growth Prospects: Look at the growth potential of the company to ensure dividends may increase over time.
How To Invest In Highest Dividend Paying Stocks Under Rs.100?
To invest in the highest dividend paying stocks under Rs.100, start by researching and identifying potential stocks. Open a trading account with a reliable brokerage like Alice Blue Online, fill in KYC details, and start investing. Monitor your investments regularly to stay informed about market conditions and company performance.
Advantages Of Investing In Highest Dividend Paying Stocks Under 100
The primary advantage of investing in the highest dividend paying stocks under Rs.100 is the potential for high returns on a relatively low investment, making it accessible for small investors.
- Affordable Investment: Stocks under Rs.100 are accessible to investors with limited capital, allowing for portfolio diversification.
- High Dividend Yield: These stocks often offer high dividend yields, providing a steady income stream.
- Potential for Growth: Low-priced stocks have significant growth potential, leading to capital appreciation.
- Regular Income: High dividend paying stocks provide regular income through dividends, enhancing overall returns.
- Diversification: Investing in multiple high dividend paying stocks can diversify risk and stabilize returns.
Risks Of Investing In Highest Dividend Paying Stocks Under ₹100
The main risk of investing in the highest dividend paying stocks under ₹100 is the potential volatility and instability often associated with lower-priced stocks.
- Market Volatility: Stocks under ₹100 can be highly volatile, leading to significant price fluctuations.
- Financial Health: Companies offering high dividends might have underlying financial issues, risking dividend cuts.
- Limited Information: Lower-priced stocks may have less available information, making informed decisions challenging.
- Economic Sensitivity: These stocks can be more susceptible to economic downturns, affecting dividend payouts.
- Liquidity Risks: Lower-priced stocks often have lower trading volumes, making it harder to buy or sell without affecting the stock price.
Introduction to Highest Dividend Paying Stocks Under 100
Punjab National Bank
The Market Cap of Punjab National Bank is ₹1,14,090.45 crore. The stock’s 1-month return is -2.66%, while its 1-year return is -19.91%. It is currently 44.01% away from its 52-week high.
Punjab National Bank is one of India’s largest public sector banks, providing a wide range of financial services, including retail and corporate banking. The bank has a strong presence across the country, supporting economic growth through credit and banking solutions.
With a focus on digital transformation and customer-centric innovations, Punjab National Bank continues to strengthen its banking portfolio. The institution plays a key role in financial inclusion and supports businesses with tailored banking and financial services.
IDBI Bank Ltd
The Market Cap of IDBI Bank Ltd is ₹85,524.61 crore. The stock’s 1-month return is 7.82%, while its 1-year return is -16.33%. It is currently 36.25% away from its 52-week high.
IDBI Bank Ltd has a legacy in Indian banking with its origins rooted in supporting industrial development. Over the years, it evolved into a full-fledged commercial bank, serving diverse customers across urban and rural regions.
The bank focuses on innovative banking solutions, catering to both retail and corporate clients. It offers a wide range of products, including loans, savings accounts, and investment options, supported by digital banking capabilities.
Canara Bank Ltd
The Market Cap of Canara Bank Ltd is ₹85,318.55 crore. The stock’s 1-month return is -3.2%, while its 1-year return is -14.91%. It is currently 37.19% away from its 52-week high.
Canara Bank Ltd is a leading public sector bank known for its extensive branch network and comprehensive banking services. The bank supports retail and corporate customers through innovative financial solutions, contributing significantly to India’s economic development.
Canara Bank continues to strengthen its digital banking infrastructure, offering seamless financial services. Its focus on innovation and customer-centric initiatives ensures sustained growth in the evolving financial sector.
NHPC Ltd
The Market Cap of NHPC Ltd is ₹77,778.70 crore. The stock’s 1-month return is -2.43%, while its 1-year return is -24.57%. It is currently 52.83% away from its 52-week high.
NHPC Ltd is a pioneer in the hydropower sector, dedicated to harnessing renewable energy sources. It plays a vital role in contributing to India’s energy security through eco-friendly and sustainable power generation projects.
The company undertakes diverse hydropower projects across challenging terrains and regions, showcasing engineering excellence. Its commitment extends to environmental conservation and community development initiatives near its project sites.
NMDC Ltd
The Market Cap of NMDC Ltd is ₹58,606.26 crore. The stock’s 1-month return is 0.12%, while its 1-year return is -17.89%. It is currently 43.25% away from its 52-week high.
NMDC Ltd is India’s largest iron ore mining company, supplying high-quality ore to domestic and international markets. The company plays a crucial role in supporting India’s steel industry through efficient mining and processing operations.
With a focus on sustainable mining practices, NMDC Ltd continues to expand its resource base and improve operational efficiency. Its commitment to innovation and environmental responsibility ensures long-term industry leadership.
UCO Bank
The Market Cap of UCO Bank is ₹50,203.07 crore. The stock’s 1-month return is -2.19%, while its 1-year return is -37.94%. It is currently 66.43% away from its 52-week high.
UCO Bank, established in 1943, has a rich history in Indian banking. It provides a wide array of services, including savings accounts, loans, and investment solutions, to customers across the nation and internationally.
With a strong presence in rural and urban markets, the bank focuses on inclusive banking and supporting small businesses. Its commitment to customer satisfaction is backed by a robust digital banking infrastructure.
Bank of Maharashtra Ltd
The Market Cap of Bank of Maharashtra Ltd is ₹38,396.24 crore. The stock’s 1-month return is -3.97%, while its 1-year return is -25.44%. It is currently 47.35% away from its 52-week high.
Bank of Maharashtra is a leading public sector bank with a legacy of serving India’s financial needs. Known for its deep penetration into rural areas, it supports agriculture, SMEs, and individual banking needs.
The bank emphasises customer-centric services and digital transformation to enhance banking experiences. Its vast network of branches reflects its commitment to financial inclusion across the country.
SJVN Ltd
The Market Cap of SJVN Ltd is ₹37,486.32 crore. The stock’s 1-month return is -6.45%, while its 1-year return is -34.79%. It is currently 68.53% away from its 52-week high.
SJVN Ltd is a key player in India’s renewable energy sector, specialising in hydro and solar power generation. The company contributes to India’s clean energy goals by developing and operating large-scale energy projects.
With a commitment to sustainability, SJVN Ltd continues to expand its renewable energy portfolio. The company’s focus on innovation and green energy solutions positions it as a leader in the power generation industry.
IRB Infrastructure Developers Ltd
The Market Cap of IRB Infrastructure Developers Ltd is ₹32,133.52 crore. The stock’s 1-month return is -5.91%, while its 1-year return is -22.83%. It is currently 46.98% away from its 52-week high.
IRB Infrastructure Developers Ltd is a leading name in the construction and engineering sector, specialising in road and highway projects. It has played a crucial role in building India’s transportation network.
The company is known for its expertise in Build-Operate-Transfer (BOT) projects, ensuring high-quality infrastructure development. Its commitment to innovation and sustainability enhances the country’s infrastructure landscape.
Punjab & Sind Bank
The Market Cap of Punjab & Sind Bank is ₹31,781.04 crore. The stock’s 1-month return is 0.57%, while its 1-year return is -37.46%. It is currently 63.62% away from its 52-week high.
Punjab & Sind Bank, founded in 1908, has a long-standing reputation in Indian banking. It serves diverse customer segments with a focus on agriculture, small businesses, and personal banking services.
The bank blends traditional banking with modern technology, offering online and mobile banking solutions. Its commitment to community development and customer satisfaction remains a cornerstone of its operations.
Top Highest Dividend Paying Stocks Under 100 – FAQs
Top Highest Dividend Paying Stocks Under ₹100 #1:Punjab National Bank
Top Highest Dividend Paying Stocks Under ₹100 #2:IDBI Bank Ltd
Top Highest Dividend Paying Stocks Under ₹100 #3:Canara Bank Ltd
Top Highest Dividend Paying Stocks Under ₹100 #4:NHPC Ltd
Top Highest Dividend Paying Stocks Under ₹100 #5:NMDC Ltd
The Top 5 Highest Dividend Paying Stocks Under ₹100 based on market capitalization.
The Best Highest Dividend Paying Stocks Under Rs. 100 based on one-year returns are Lloyds Engineering Works Ltd, Lloyds Enterprises Ltd, NBCC (India) Ltd, Canara Bank Ltd, and Powergrid Infrastructure Investment Trust.
Investing in the highest dividend-paying stocks under Rs 100 can offer attractive income, but these stocks often carry higher risks. It’s crucial to thoroughly research the company’s financial health and stability before making such investments.
Yes, you can buy high dividend-paying stocks under ₹100. However, it’s crucial to consider industry-specific risks, conduct thorough research, and align with your investment goals before making decisions. Investing in such stocks requires careful evaluation of their long-term viability and financial stability.
To invest in the highest dividend-paying stocks under ₹100, open a trading account with a brokerage. You can start by visiting Alice Blue Online to fill out the KYC form. Research and choose stocks based on dividend yield and company performance.
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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.