Top Monthly Dividend Stocks in India
This guide will introduce you to the top monthly dividend stocks in India for 2024, highlighting their performance, yield, and potential as long-term investments. Whether you're a seasoned investor or just starting, understanding these opportunities can help you build a diversified portfolio and achieve your financial goals.
| SYMBOL | CMP | P/E | MCap | D/E | Dividend Yield (%) |
|---|---|---|---|---|---|
| IRCTC | 725.45 | 46.34 | 57536.00 | 1.20 | 1.52% |
| CONCOR | 703.35 | 31.54 | 41358.88 | 7.45 | 2.42% |
| RELIANCE | 1224.90 | 23.99 | 1658260.24 | 37.46 | 0.41% |
| TATAPOWER | 337.20 | 28.44 | 108513.75 | 144.12 | 0.59% |
| NTPC | 302.35 | 14.51 | 301910.09 | 139.96 | 3.80% |
| ONGC | 233.65 | 7.63 | 297649.91 | 50.46 | 7.49% |
| GAIL | 160.17 | 8.67 | 107877.34 | 23.37 | 8.12% |
| INFY | 1842.30 | 26.95 | 767179.52 | 9.27 | 2.23% |
| HAL | 3475.70 | 25.73 | 223797.58 | 0.00 | 1.09% |
| BEL | 248.50 | 35.81 | 178797.23 | 0.34 | 1.13% |
| BHARATFORG | 1082.65 | 56.21 | 51487.79 | 107.65 | 0.83% |
| ADANIENT | 2223.70 | 73.96 | 256464.65 | 168.94 | 0.06% |
| NAUKRI | 7338.90 | 174.57 | 97794.78 | 0.59 | 0.33% |
| ASHOKLEY | 223.61 | 23.06 | 65328.54 | 332.77 | 3.11% |
| PERSISTENT | 5531.30 | 68.06 | 89365.77 | 7.76 | 0.54% |
| BOSCHLTD | 26911.25 | 39.31 | 79761.97 | 0.25 | 1.26% |
| TATAMOTORS | 686.60 | 7.88 | 251204.42 | 95.36 | 0.44% |
| HEROMOTOCO | 3876.45 | 18.52 | 76814.23 | 3.07 | 3.61% |
| M&M | 2831.95 | 25.20 | 334577.22 | 145.66 | 0.75% |
| EXIDEIND | 361.80 | 38.64 | 30646.75 | 13.49 | 0.55% |
| BAJAJ-AUTO | 8537.15 | 31.41 | 235878.04 | 16.52 | 0.94% |
| UBL | 2028.15 | 126.27 | 53494.36 | 2.99 | 0.49% |
| INDIACEM | 276.30 | 1.79 | 8397.75 | 40.33 | None% |
| CANBK | 85.09 | 4.67 | 76783.06 | None | 3.78% |
| SUNPHARMA | 1714.20 | 35.71 | 408269.99 | 3.71 | 0.90% |
| TATASTEEL | 134.29 | 60.60 | 167795.58 | 109.81 | 2.68% |
| ESCORTS | 2972.15 | 27.10 | 32955.05 | 1.01 | 0.94% |
| BALRAMCHIN | 443.10 | 21.18 | 8698.95 | 17.02 | 1.35% |
| DIXON | 14199.50 | 98.64 | 84139.93 | 30.83 | 0.04% |
| HCLTECH | 1709.90 | 27.42 | 467657.08 | 8.55 | 3.16% |
| VEDL | 415.15 | 12.48 | 163349.76 | 168.97 | 10.48% |
| HINDCOPPER | 215.33 | 51.30 | 20642.99 | 3.80 | 0.43% |
| NATIONALUM | 180.74 | 7.86 | 32991.32 | 0.58 | 6.64% |
| NMDC | 62.56 | 8.56 | 55450.01 | 14.65 | 3.86% |
| SHREECEM | 28309.15 | 83.49 | 102329.19 | 8.04 | 0.37% |
| POWERGRID | 263.20 | 16.02 | 248279.52 | 137.07 | 5.70% |
| INDUSTOWER | 339.30 | 9.01 | 88927.27 | 63.05 | None% |
| TRENT | 5096.45 | 91.65 | 177684.51 | 39.03 | 0.06% |
| JSWSTEEL | 973.55 | 72.88 | 238907.45 | 116.52 | 0.75% |
| AXISBANK | 992.95 | 10.98 | 307914.11 | None | 0.10% |
| BANDHANBNK | 132.82 | 8.46 | 20992.55 | None | 1.13% |
| BANKBARODA | 206.96 | 5.22 | 106597.17 | None | 3.67% |
| BAJFINANCE | 8426.60 | 32.83 | 523853.00 | 290.32 | 0.43% |
| BAJAJFINSV | 1894.85 | 35.56 | 302011.04 | 211.99 | 0.05% |
| FEDERALBNK | 181.54 | 11.06 | 44350.18 | None | 0.66% |
| HDFCBANK | 1717.35 | 19.30 | 1318250.45 | None | 1.14% |
| ICICIBANK | 1251.15 | 18.13 | 877951.35 | None | 0.80% |
| IDFCFIRSTB | 61.50 | 22.38 | 43575.90 | None | None% |
| INDUSINDBK | 1048.25 | 11.00 | 79782.81 | None | 1.57% |
| KOTAKBANK | 1945.30 | 17.55 | 390347.36 | None | 0.10% |
| PNB | 93.18 | 6.08 | 105596.75 | None | 1.61% |
| RBLBANK | 155.80 | 9.32 | 9176.83 | None | 0.96% |
| SBIN | 727.70 | 8.16 | 647748.91 | None | 1.88% |
| AARTIIND | 418.30 | 40.50 | 14863.26 | 71.34 | 0.24% |
| ABB | 5241.90 | 58.04 | 108964.15 | 0.73 | 0.66% |
| ABBOTINDIA | 28569.50 | 46.66 | 62343.37 | 1.72 | 1.44% |
| ABCAPITAL | 153.97 | 10.87 | 40200.39 | 399.16 | None% |
| ABFRL | 255.55 | None | 28441.77 | 243.78 | None% |
| ACC | 1911.50 | 13.64 | 35311.47 | 2.73 | 0.39% |
| ADANIPORTS | 1082.90 | 23.14 | 234407.59 | 85.45 | 0.55% |
| ALKEM | 4794.30 | 26.19 | 56460.38 | 12.41 | 0.88% |
| AMBUJACEM | 488.30 | 27.24 | 120015.51 | 1.30 | 0.41% |
| APOLLOHOSP | 6300.20 | 69.81 | 91689.54 | 93.13 | 0.29% |
| APOLLOTYRE | 416.30 | 20.28 | 26175.65 | 33.55 | 1.44% |
| ASIANPAINT | 2250.85 | 50.72 | 214522.75 | 13.47 | 1.44% |
| ASTRAL | 1384.50 | 69.82 | 36612.27 | 5.74 | 0.27% |
| ATUL | 5402.85 | 38.26 | 15883.56 | 3.85 | 0.37% |
| AUBANK | 522.05 | 18.61 | 37385.29 | None | 0.19% |
| AUROPHARMA | 1169.60 | 19.46 | 67567.60 | 27.29 | 0.38% |
| BALKRISIND | 2670.55 | 28.91 | 51191.31 | 33.21 | 0.60% |
| BATAINDIA | 1296.30 | 47.43 | 16512.63 | 97.86 | 1.70% |
| BERGEPAINT | 483.70 | 50.35 | 57353.01 | 14.22 | 0.72% |
| BHARTIARTL | 1675.55 | 40.49 | 998586.29 | 135.12 | 0.48% |
| BHEL | 193.47 | 125.21 | 64964.79 | 37.72 | 0.13% |
| BIOCON | 347.55 | 50.40 | 40543.08 | 62.77 | 0.14% |
| BPCL | 252.30 | 7.86 | 109655.84 | 76.36 | 6.14% |
| BRITANNIA | 4963.70 | 54.74 | 117833.90 | 85.08 | 1.48% |
| BSOFT | 477.50 | 23.13 | 13118.14 | 4.47 | 1.05% |
| CANFINHOME | 608.85 | 9.57 | 7977.78 | 716.12 | 1.97% |
| CHAMBLFERT | 542.80 | 13.28 | 21515.01 | 1.22 | 1.47% |
| CHOLAFIN | 1356.95 | 27.95 | 113550.69 | 738.95 | 0.15% |
| CIPLA | 1474.65 | 23.99 | 119696.62 | 1.62 | 0.88% |
| COALINDIA | 360.10 | 6.48 | 222536.19 | 8.05 | 8.78% |
| COFORGE | 7683.95 | 64.59 | 51445.46 | 13.32 | 0.99% |
| COLPAL | 2462.40 | 45.64 | 66636.57 | 4.24 | 1.95% |
| COROMANDEL | 1707.55 | 30.62 | 50342.50 | 5.67 | 0.70% |
| CROMPTON | 332.60 | 40.50 | 21324.19 | 13.72 | 0.90% |
| CUMMINSIND | 2721.45 | 37.53 | 75335.89 | 0.40 | 1.32% |
| DABUR | 520.55 | 51.00 | 91327.34 | 16.24 | 1.06% |
| DALBHARAT | 1808.15 | 59.96 | 33764.50 | 27.96 | 0.50% |
| DEEPAKNTR | 1898.50 | 34.61 | 25904.44 | 16.72 | 0.40% |
| DELTACORP | 89.35 | 15.71 | 2464.95 | 1.78 | 1.40% |
| DIVISLAB | 5923.75 | 75.25 | 155025.93 | 0.06 | 0.51% |
| DLF | 674.75 | 41.51 | 166390.45 | 10.66 | 0.74% |
| DRREDDY | 1198.95 | 18.60 | 99826.89 | 15.89 | 0.67% |
| EICHERMOT | 4745.20 | 29.17 | 129382.35 | 2.13 | 1.07% |
| GLENMARK | 1373.80 | None | 38946.33 | 21.09 | 0.18% |
| GNFC | 557.10 | 15.56 | 8011.96 | 0.94 | 2.96% |
| GODREJCP | 1039.25 | None | 103891.78 | 31.46 | 2.41% |
| GODREJPROP | 1974.05 | 37.07 | 59509.24 | 122.23 | None% |
| GRANULES | 522.25 | 26.28 | 12579.38 | 32.01 | 0.29% |
| GRASIM | 2463.85 | 42.36 | 165528.27 | 108.53 | 0.41% |
| GUJGASLTD | 391.45 | 21.25 | 27036.52 | 1.83 | 1.45% |
| HAVELLS | 1532.55 | 67.51 | 94737.02 | 4.25 | 0.65% |
| HDFCAMC | 3730.55 | 33.85 | 79902.53 | None | 1.88% |
| HDFCLIFE | 623.25 | 76.41 | 133214.14 | 12.34 | 0.32% |
| HINDALCO | 610.85 | 9.79 | 135748.64 | 56.29 | 0.57% |
| HINDPETRO | 318.10 | 11.29 | 68079.60 | 158.07 | 6.60% |
| HINDUNILVR | 2329.40 | 50.28 | 539465.88 | 3.24 | 1.85% |
| ICICIGI | 1725.05 | 34.51 | 86268.80 | None | 0.64% |
| ICICIPRULI | 575.20 | 85.17 | 82839.44 | 22.34 | 0.10% |
| IDEA | 8.27 | None | 57614.15 | None | None% |
| IDFC | 107.97 | 20.07 | 17404.58 | None | None% |
| IEX | 167.21 | 35.79 | 14639.54 | 0.78 | 1.79% |
| IGL | 190.25 | 15.84 | 27005.50 | 0.70 | 2.76% |
| INDHOTEL | 721.65 | 56.85 | 102764.53 | 26.26 | 0.24% |
| INDIAMART | 2102.40 | 26.52 | 12426.58 | 2.04 | 0.95% |
| INDIGO | 4303.00 | 27.59 | 167922.04 | 1558.41 | None% |
| IOC | 118.45 | 15.41 | 168042.27 | 88.03 | 12.66% |
| IPCALAB | 1476.75 | 51.15 | 37371.87 | 14.81 | 0.27% |
| ITC | 408.60 | 25.17 | 507069.07 | 0.40 | 3.43% |
| JINDALSTEL | 837.65 | 15.21 | 85795.19 | 35.96 | 0.24% |
| JKCEMENT | 4637.90 | 48.46 | 34905.53 | 104.50 | 0.32% |
| JUBLFOOD | 681.65 | 119.70 | 45569.28 | 187.41 | 0.18% |
| LALPATHLAB | 2629.50 | 52.59 | 21897.27 | 9.75 | 1.37% |
| LAURUSLABS | 555.50 | 146.77 | 29443.16 | 67.30 | 0.14% |
| LICHSGFIN | 538.50 | 5.67 | 29183.59 | 743.98 | 1.67% |
| LT | 3221.85 | 31.83 | 442828.59 | 119.06 | 0.87% |
| LTIM | 5472.60 | 36.86 | 168074.56 | 10.50 | 1.19% |
| LTTS | 4816.90 | 40.29 | 52177.85 | 11.42 | 1.04% |
| LUPIN | 2026.95 | 32.15 | 91912.45 | 21.90 | 0.39% |
| M&MFIN | 276.85 | 13.61 | 33686.16 | 498.69 | 2.28% |
| MANAPPURAM | 193.29 | 8.17 | 16030.52 | 311.67 | 2.07% |
| MARICO | 624.75 | 50.62 | 81046.98 | 10.05 | 1.60% |
| MARUTI | 12762.90 | 27.67 | 402001.99 | 0.18 | 0.98% |
| MCX | 5550.50 | 54.13 | 27682.98 | 0.06 | 0.14% |
| METROPOLIS | 1680.35 | 55.71 | 8448.05 | 15.96 | 0.20% |
| MFSL | 1065.65 | 146.49 | 36652.94 | 13.71 | None% |
| MGL | 1277.40 | 12.29 | 12854.94 | 2.78 | 2.35% |
| MOTHERSON | 124.79 | 21.29 | 90317.95 | 73.16 | 0.64% |
| MPHASIS | 2591.35 | 29.80 | 48911.08 | 19.61 | 2.12% |
| MRF | 109984.00 | 26.36 | 46237.10 | 17.76 | 0.01% |
| MUTHOOTFIN | 2243.90 | 18.06 | 90162.69 | 300.91 | 1.07% |
| NAVINFLUOR | 4108.10 | 76.48 | 20257.80 | 56.03 | 0.29% |
| NESTLEIND | 2216.50 | 72.13 | 214274.24 | 9.47 | 1.47% |
| OBEROIRLTY | 1590.25 | 22.42 | 57832.72 | 14.06 | 0.75% |
| OFSS | 8797.15 | 33.29 | 76037.23 | 0.32 | 2.73% |
| PAGEIND | 40921.40 | 67.07 | 45338.35 | 13.87 | 1.47% |
| PEL | 926.05 | 41.75 | 20660.48 | 213.77 | 1.08% |
| PETRONET | 284.90 | 11.86 | 43230.00 | 14.85 | 3.51% |
| PFC | 372.35 | 5.56 | 123918.76 | 635.30 | 3.76% |
| PIDILITIND | 2781.70 | 72.06 | 140720.01 | 4.25 | 0.58% |
| PIIND | 3118.60 | 28.27 | 48023.11 | 1.83 | 0.38% |
| POLYCAB | 5414.20 | 44.63 | 81807.95 | 2.39 | 0.55% |
| PVRINOX | 1006.55 | None | 9704.44 | 116.67 | None% |
| RAMCOCEM | 860.75 | 53.10 | 20089.55 | 72.12 | 0.29% |
| RECLTD | 389.10 | 6.50 | 101523.46 | 678.39 | 4.42% |
| SAIL | 105.33 | 19.19 | 43118.60 | 71.66 | 1.90% |
| SBICARD | 853.10 | 40.25 | 82388.15 | 330.17 | 0.29% |
| SBILIFE | 1476.20 | 61.32 | 148097.10 | None | 0.18% |
| SHRIRAMFIN | 550.35 | 13.39 | 104050.83 | 296.61 | 2.16% |
| SIEMENS | 4859.30 | 64.31 | 172492.53 | 1.82 | 0.25% |
| SRF | 2747.80 | 70.76 | 81253.06 | 43.73 | 0.26% |
| SUNTV | 585.30 | 13.08 | 22837.23 | 1.13 | 1.71% |
| SYNGENE | 700.90 | 56.12 | 28131.15 | 14.49 | 0.18% |
| TATACHEM | 854.50 | None | 21832.68 | 28.03 | 1.76% |
| TATACOMM | 1507.45 | 39.98 | 42444.68 | 697.48 | 1.11% |
| TATACONSUM | 1023.25 | 87.25 | 101615.67 | 14.40 | 0.75% |
| TCS | 3904.50 | 28.75 | 1401358.59 | 8.47 | 1.49% |
| TECHM | 1664.95 | 40.32 | 150824.30 | 7.57 | 2.58% |
| TITAN | 3233.20 | 88.17 | 285792.59 | 222.35 | 0.34% |
| TORNTPHARM | 3078.00 | 55.21 | 102948.20 | 41.66 | 1.04% |
| TVSMOTOR | 2365.70 | 56.52 | 111785.90 | 312.05 | 0.34% |
| ULTRACEMCO | 11490.10 | 52.35 | 325875.03 | 27.02 | 0.61% |
| UPL | 632.20 | None | 49810.05 | 105.06 | 0.15% |
| VOLTAS | 1241.60 | 56.80 | 40594.62 | 13.80 | 0.44% |
| WIPRO | 305.35 | 26.41 | 326654.86 | 22.62 | 1.96% |
| ZEEL | 96.75 | 18.52 | 9445.74 | 2.93 | 1.03% |
| ZYDUSLIFE | 923.90 | 20.32 | 92000.05 | 0.79 | 0.32% |
| CUB | 160.85 | 10.78 | 11689.79 | None | 0.62% |