5 High Dividend Yield MNC Stocks In India 2021

| Published: Friday, September 24, 2021, 10:08 [IST]

Multinational corporations (MNCs) are businesses that operate across multiple nations at the same time. In other words, a multinational corporation has operations and assets in at least one country other than its own.

MNCs are businesses in which a foreign corporation owns more than half of the stock and has management control. MNC equities have a favorable reputation due to their solid parentage, technological expertise, and asset-light business practices. These businesses are often well-capitalized, have minimal debt levels, and pay a reasonable dividend.

The Dividend Yield is a financial ratio that compares the annual value of dividends received to the security's market value per share. In other words, the dividend yield formula determines what percentage of a company's market price of a share is given to shareholders as dividends.

MNCs operate in critical sectors of the Indian economy and have contributed significantly to the country's development by bringing in cutting-edge technology and know-how. Here are few MNC stocks from the NSE MNC index, that have given dividends last year.

Vedanta: Dividend Yield is 9.35%

Vedanta, founded in 1965, is a Large Cap business in the Diversified sector with a market capitalization of Rs 111,367.21 crore. Only 3.89 percent of trading sessions in the last 16 years had intraday gains of more than 5%. In the fiscal year ended March 31, 2021, the company generated an ROE of 18.62 percent, surpassing its five-year average. 9.66% of the total population.

The stock returned 27.97 percent over three years, compared to 56.47 percent for the Nifty 100.

Since July 23, 2001, Vedanta Ltd. has declared 32 dividends. Vedanta Ltd. has issued an equity dividend of Rs 28.00 per share in the last 12 months. This calculates to a dividend yield of 9.35 percent at the current share price of Rs 299.60.

Sanofi India: Dividend Yield is 4.46%

Sanofi India, founded in 1956, is a Mid Cap business in the Pharmaceuticals sector with a market capitalization of Rs 18,847.22 crore. Only 1.64 percent of trading sessions in the last 16 years had intraday gains of more than 5%. The stock gained 22.9 percent over three years, compared to 60.47 percent for the Nifty Midcap 100. Over a three-year period, Nifty Pharma Stock returned 22.9 percent, compared to Nifty Pharma, which returned 39.27 percent to investors.

Over the last three years, the company has maintained a respectable ROCE of 28.09 percent. The company is almost debt-free. In the last five years, the company has maintained effective average operating margins of 21.88 percent. Sanofi India's EPS increased by 15.31%, which is a positive sign for the company.

Since May 17, 2001, Sanofi India Ltd. has declared 43 dividends. Sanofi India Ltd. has declared an equity dividend of Rs 365.00 per share in the last 12 months. This calculates to a dividend yield of 4.46 percent at the current share price of Rs 8183.55.

Castrol India: Dividend yield is 5.67%

Castrol India Ltd., founded in 1979, is a Mid Cap business in the Petrochemicals industry with a market capitalization of Rs 13,961.46 crore. Only 1.49 percent of trading sessions in the last 14 years had intraday gains of more than 5%. The company has enough cash on hand to cover its contingent liabilities. The stock returned -9.55 percent over three years, compared to 60.47 percent for the Nifty Midcap 100.

The company has paid 44 dividends to shareholders since August 8, 2000. In the previous 12 months, Castrol India Ltd. distributed an equity dividend of Rs 8.00 per share. At the present share price of Rs 141.15, this works out to a 5.67 percent dividend yield.

Ambuja Cements: Dividend Yield is 4.29%

Ambuja Cements, founded in 1981, is a Large Cap firm in the Cement Industry with a market capitalization of Rs 83,307.75 crore. Only 1.79 percent of trading sessions in the last 16 years had intraday gains of more than 5%. The stock returned 86.07 percent over three years, compared to 56.47 percent for the Nifty 100 index. Over a three-year period, the stock returned 86.07 percent, compared to 56.38 percent for the Nifty Infrastructure index.

Since August 30, 2000, Ambuja Cements has paid out 40 dividends. Ambuja Cements Ltd. distributed an equity dividend of Rs 18.00 per share in the previous 12 months.

The dividend yield is 4.29 percent based on the current share price of Rs 419.55.

Oracle Financial Services: Dividend yield is 4.26%

Oracle Financial Services Software, founded in 1989, is a Large Cap business in the IT Software sector with a market capitalization of Rs 40,461.66 crore. Only 2.32 percent of trading sessions in the last 16 years had intraday gains of more than 5%. Since the last five years, the company has had no debt. The company's QoQ revenue increase was 13.76 percent, the best in the prior three years. In comparison to the Nifty 100, which returned 56.47 percent over three years, the stock returned 16.48 percent. Over a three-year period, the stock returned 16.48 percent, while the Nifty IT returned 127.91 percent to investors.

Since August 27, 2002, Oracle Financial Services Software Ltd. has announced 12 dividends. Oracle Financial Services Software Ltd. distributed an equity dividend of Rs 200.00 per share in the last 12 months. With a share price of Rs 4698.05, this equates to a 4.26 percent dividend yield.

5 High Dividend Yield MNC Stocks In India 2021

Name	Sector	Price	Dividend Yield
Vedanta	Mining & Mineral products	295.80	9.35%
Castrol India	Chemicals	140.85	5.67%
Oracle Financial Services	IT - Software	4,839.90	4.26%
Sanofi India	Pharmaceuticals	8,171.20	4.45%
Ambuja Cements	Cement	415.85	4.29%

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