Axis Securities has identified five midcap stocks with impressive dividend yields across various sectors. These stocks are potential candidates for investors seeking robust dividends.
Oil India
- Industry: Oil & Gas
- Dividend in the Last 12 Months: Rs 20
- Dividend Yield in the Last 12 Months: 6%
Oracle Financial Services Software
- Industry: IT
- Dividend in the Last 12 Months: Rs 225
- Dividend Yield in the Last 12 Months: 6%
REC (Rural Electrification Corporation)
- Industry: Financials
- Dividend in the Last 12 Months: Rs 15.6
- Dividend Yield in the Last 12 Months: 5%
Sanofi India
- Industry: Healthcare
- Dividend in the Last 12 Months: Rs 377
- Dividend Yield in the Last 12 Months: 5%
NALCO (National Aluminium Company Limited)
- Industry: Metals & Mining
- Dividend in the Last 12 Months: Rs 4.5
- Dividend Yield in the Last 12 Months: 4%
These stocks offer attractive dividend yields, making them noteworthy contenders for dividend-focused investors. The key question remains: should you consider them for your investment portfolio?
