Top Dividend-Paying PSU Stocks: Maharatnas and CPSEs to watch in 2025

Dividend yield is a crucial metric for investors looking to maximize returns from dividend-paying companies. It measures how much dividend income a stock generates relative to its current market price, helping investors compare stocks more systematically.

As of April 2025, several public sector undertakings (PSUs), including multiple Maharatna companies, are offering attractive dividend yields. Here's a snapshot of the top dividend-paying PSUs you may want to consider adding to your portfolio:

What is Dividend Yield?

Dividend yield represents the annual dividend payout as a percentage of a stock's current price. It gives investors a clear picture of the income they can expect from a stock, apart from potential price appreciation.

Formula:

Dividend Yield = (Annual Dividend per Share ÷ Current Market Price) × 100

Top PSU Stocks with Highest Dividend Yields (April 2025)

Here are the 10 PSUs leading in dividend payouts:

Company Dividend Yield (%)

NMDC 11.2%

BPCL 10.7%

IOC 8.9%

Chennai Petroleum 8.7%

HPCL 8.3%

Coal India (CIL) 6.5%

ONGC 5.0%

REC 3.8%

Power Grid 3.7%

Oil India Ltd 3.6%

Maharatna CPSEs in the Spotlight

Several Maharatna-status companies feature prominently on this list, underlining their strong track record of shareholder returns:

ONGC

IOC

Coal India Ltd (CIL)

BPCL

Power Grid Corporation

REC

HPCL

With consistent dividend payouts and strong financials, these PSUs present solid options for investors seeking stable income and portfolio diversification.