Top 15 High Dividend Yield Stocks from Nifty 500 to Boost Passive Income

In an environment of rising volatility and uncertain global cues, investors are increasingly turning to high dividend-yield stocks for steady income.

BPCL, IOC and PSU Giants Lead the Pack as Investors Seek Stable Returns

In an environment of rising volatility and uncertain global cues, investors are increasingly turning to high dividend-yield stocks for steady income. A recent list compiled by IDBI Capital Markets & Securities highlights 15 attractive dividend-paying stocks from the Nifty 500 universe, spanning sectors such as energy, PSU banking, IT, and metals.

These stocks not only offer regular income but also provide relative stability during market fluctuations.

BPCL Tops the List with 7.5% Yield

Leading the chart is Bharat Petroleum Corporation Ltd (BPCL), offering a dividend yield of 7.5%, making it one of the most attractive picks for income-focused investors.

Stock Price: ₹298.50
Market Cap: ₹1.3 lakh crore
Revenue: ₹1.29 lakh crore

Close behind is Indian Oil Corporation (IOC) with a 7.0% dividend yield, supported by strong scale and consistent cash flows.

PSU Stocks Dominate High-Yield Segment

Public sector enterprises continue to dominate the high dividend yield category due to stable earnings and government-backed operations.

Key names include:

REC Limited – 5.5% yield
Coal India Ltd – 5.5% yield

These companies benefit from strong cash generation and regular dividend distribution policies.

IT and Financial Stocks Offer Balanced Yields

Apart from PSU stocks, select IT and financial services companies also feature prominently:

Wipro Ltd – 5.5% yield
UTI Asset Management Company – 5.5% yield

These stocks offer a mix of growth and income, making them suitable for balanced portfolios.

Mid-Yield Picks with Strong Fundamentals

Several large-cap companies offer moderate yet reliable dividend yields:

ITC Ltd – 4.6%
Oil and Natural Gas Corporation – 4.5%
HCL Technologies – 4.5%

These firms combine stable cash flows with consistent dividend payouts.

Other Notable High Dividend Stocks

The list also includes diversified players across sectors:

Vedanta Ltd – 4.4%
Shipping Corporation of India – 4.3%
Hindustan Petroleum Corporation Ltd – 4.1%
Oracle Financial Services Software – 4.1%
NMDC Ltd – **