Best Dividend Paying Stocks for 2024

Dividend is just a way for companies to say "thanks" to their shareholders by giving them a piece of the profits. It's a bit like getting a share of the company's success in your pocket!

If you're looking for stocks that pay you regularly, you're in the right place! Next are some stocks that not only give you a steady dividend but also have the potential to grow in 2024.

Vedanta, a diversified natural resources company with interests in Oil & Gas, Zinc-Lead-Silver, Aluminium, Iron Ore, Steel, etc., boasts a substantial dividend yield of 42.4%.

1. Vedanta Limited

Hindustan Zinc, a metal and mining company, boasts an impressive dividend yield of 24.5%, a substantial figure. 

2. Hindustan Zinc

Power Grid, a Maharatna Central Public Sector Undertaking (CPSU) and the largest electric power transmission company in India, currently holds a dividend yield of 5.28%.

3. Power Grid Corporation of India

National Aluminium Company Limited (NALCO) provides investors with a consistent income through a 4.85% dividend yield. 


Coal India Ltd primarily focuses on coal mining and production. It delights its investors with a noteworthy dividend, boasting a yield of 7.02%.

5. Coal India

HUDCO holds a dividend yield of 4.77%. The company is involved in financing housing and urban development activities.

6. Housing & Urban Development Corporation