Highest Dividend Paying Stocks Under Rs.100

The table below shows the highest dividend-paying stocks under Rs.100 based on the Highest Market Capitalization.

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.

1. High Dividend Yield: These stocks offer a higher yield compared to their price, ensuring substantial returns for investors.
2. Affordable Entry Point: With prices under Rs 100, these stocks are accessible to a broader range of investors.
3. Stable Companies: Often from sectors like utilities or consumer goods, these companies have stable revenue streams.
4. Long-Term Potential: Despite the low price, these stocks often have good long-term growth prospects.
5. 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.

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. 

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.

1. Dividend Yield: Evaluate the stock’s dividend yield to understand the return on investment in terms of dividends.
2. Payout Ratio: Check the payout ratio to ensure the company isn’t paying out unsustainable dividends.
3. Earnings Stability: Assess the consistency of the company’s earnings to predict future dividend payments.
4. Industry Position: Consider the company’s position within its industry to gauge long-term viability.
5. 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.

1. Affordable Investment: Stocks under Rs.100 are accessible to investors with limited capital, allowing for portfolio diversification.
2. High Dividend Yield: These stocks often offer high dividend yields, providing a steady income stream.
3. Potential for Growth: Low-priced stocks have significant growth potential, leading to capital appreciation.
4. Regular Income: High dividend paying stocks provide regular income through dividends, enhancing overall returns.
5. 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.

1. Market Volatility: Stocks under ₹100 can be highly volatile, leading to significant price fluctuations.
2. Financial Health: Companies offering high dividends might have underlying financial issues, risking dividend cuts.
3. Limited Information: Lower-priced stocks may have less available information, making informed decisions challenging.
4. Economic Sensitivity: These stocks can be more susceptible to economic downturns, affecting dividend payouts.
5. 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

IDBI Bank Ltd

The Market Cap of IDBI Bank Ltd is Rs. 1,08,330.45 crore. The stock’s monthly return is 19.84%. Its one-year return is 44.81%. The stock is 14.19% away from its 52-week high.

IDBI Bank Limited, headquartered in India, operates under various segments including Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking Operations. 

The Treasury segment handles investments, money market operations, derivative trading, and foreign exchange operations for both the Company’s proprietary account and customers. The Retail Banking segment focuses on credit and deposit services targeted at individuals and small businesses, with a particular emphasis on priority sector lending.  

Bank of Maharashtra Ltd

The Market Cap of Bank of Maharashtra Ltd is Rs. 46,390.08 crores. The stock’s monthly return is 3.08%. Its one-year return is 83.66%. The stock is 18.22% away from its 52-week high.

The Bank of Maharashtra Limited is involved in offering banking services through different segments, which include Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking Operations. 

The Treasury segment covers various financial activities such as investments, balances with overseas banks, interest earned on investments, and related income. The Corporate/Wholesale Banking Segment provides financial assistance to trusts, partnership firms, companies, and statutory bodies. The Retail Banking Segment involves lending to individuals or small businesses, with no single counterparty exposure exceeding 0.2% of the total retail portfolio and a maximum combined retail exposure of up to five crores of Indian Rupees. 

Motherson Sumi Wiring India Ltd

The Market Cap of Motherson Sumi Wiring India Ltd is Rs. 32,282.93 crores. The stock’s monthly return is -0.56%. Its one-year return is 16.19%. The stock is 14.19% away from its 52-week high.

Motherson Sumi Wiring India Limited, an India-based company, serves as a solutions provider to original equipment manufacturers (OEMs) in the wiring harness sector in India. 

The company offers comprehensive system solutions to its clients, addressing their needs at every stage of the supply chain. This includes product design, validation, tool design and manufacturing, and production of advanced Electrical & Electronic Distribution Systems for power supply and data transfer in vehicles, as well as inline sequencing supplies.  

JM Financial Ltd

The Market Cap of JM Financial Ltd is Rs. 9,873.74 crore. The stock’s monthly return is 12.31%. Its one-year return is 32.40%. The stock is 16.20% away from its 52-week high.

JM Financial Limited is a comprehensive and diverse financial services provider. The company is involved in activities such as holding company services, serving as advisors in equity and debt capital markets, managing capital markets transactions, mergers and acquisitions, offering corporate finance advice, as well as overseeing private equity fund management. 

Its main operations encompass investment banking, wealth management, and securities services (IWS), encompassing fee-based and fund-based actions in mortgage lending, which covers wholesale and retail mortgage lending (including home loans and lending to educational institutions).  

Edelweiss Financial Services Ltd

The Market Cap of Edelweiss Financial Services Ltd is Rs. 5,931.99 crores. The stock’s monthly return is 0.59%. Its one-year return is 42.35%. The stock is 38.05% away from its 52-week high.

Edelweiss Financial Services Limited, based in India, is a diverse financial services company that provides a wide array of financial products and services to a range of clients, including corporations, institutions, and individuals. 

The company’s divisions consist of Agency business, Capital business, Insurance business, Asset reconstruction business, and Treasury business. The Agency business includes advisory and other fee-based services, while the Capital business encompasses lending and investment activities.  

Southern Petrochemical Industries Corporation Ltd

The Market Cap of Southern Petrochemical Industries Corporation Ltd is Rs. 1689.81 crore. The stock’s monthly return is -1.74%. Its one-year return is 17.54%. The stock is 38.26% away from its 52-week high.

Southern Petrochemical Industries Corporation Limited, an India-based fertilizer manufacturer, specializes in producing and selling urea, a nitrogen-based chemical fertilizer. 

The company operates its manufacturing plant in Tuticorin and offers a diverse range of products including primary nutrients, secondary nutrients, micronutrients, water-soluble fertilizers, organic fertilizers, non-edible de-oiled cake fertilizers, bio-fertilizers, organic pesticides, plant growth regulators, plant biostimulants, and industrial products.   

Tamilnadu Petroproducts Ltd

The Market Cap of Tamilnadu Petroproducts Ltd is Rs. 900.34 crore. The stock’s monthly return is 3.00%. Its one-year return is 16.18%. The stock is 19.30% away from its 52-week high.

Tamilnadu Petroproducts Limited is involved in the production and distribution of petrochemical and chemical products such as Linear Alkyl Benzene, Caustic Soda, Chlorine, and Propylene Oxide.  

Additionally, they offer products such as Ammonium Chloride, Hydrochloric Acid, Hydrogen, and Sodium Hypochlorite. Linear Alkyl Benzene, a primary product of the company, serves as a chemical intermediate for producing Linear Alkyl Benzene Sulfonate (LAS), a surfactant commonly used in detergents and cleaning agents.  

Advani Hotels and Resorts (India) Ltd

The Market Cap of Advani Hotels and Resorts (India) Ltd is Rs. 715.01 crore. The stock’s monthly return is 9.52%. Its one-year return is 62.01%. The stock is 25.22% away from its 52-week high.

Advani Hotels & Resorts (India) Limited, an India-based company, operates the Caravela Beach Resort located in South Goa. This five-star deluxe resort spans over 24 acres and features 192 rooms, 4 Suites, and 6 Villas with private balconies. 

The company focuses on providing short-term accommodation services, restaurants, and mobile food services. Accommodation options include garden view rooms, pool/ocean view rooms, oceanfront view rooms, deluxe suites, family villas, and presidential villas.  

Oricon Enterprises Ltd

The Market Cap of Oricon Enterprises Ltd is Rs. 628.98 crore. The stock’s monthly return is 4.76%. Its one-year return is 53.41%. The stock is 30.63% away from its 52-week high.

Oricon Enterprises Limited is an Indian holding company involved in various business activities, including the manufacturing of petrochemical products, trading, liquid colorants, preform metal, plastic closures, and real estate. 

The company operates in segments such as Packaging, Real Estate, Petrochemicals, and Others. Their focus is on producing plastic and metal closures, PET preforms, collapsible tubes, and pilfer-proof caps in the packaging sector, as well as petrochemical products.  

PTL Enterprises Ltd

The Market Cap of PTL Enterprises Ltd is Rs 598.08 crore. The stock’s monthly return is -2.31%. Its one-year return is 33.42%. The stock is 23.43% away from its 52-week high.

PTL Enterprises Ltd. (PTL) is an Indian holding company specializing in the production of automobile tires, flaps, and belts. The company manufactures truck-bus cross-ply tires at its plant, which are leased to Apollo Tyres Ltd. and marketed under the Apollo brand. 

Apollo Tyres Ltd. handles the sale and export of these tires. PTL’s subsidiaries include Sunrays Properties & Investment Co. Pvt. Ltd., Classic Industries and Exports Limited, Sunrays Global Consultants LLP, and Osiatic Consultants and Investments Pvt. Ltd.

Top Highest Dividend Paying Stocks Under 100 – FAQs

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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.