Coal India Leads Large‑Cap Dividend Yields at 6.6% for FY26

Coal India Ltd. topped the large‑cap dividend jackpot list with a 6.6% yield for FY26, the highest among its peers. Wipro Ltd., ONGC, ITC Ltd. and Bharat Petroleum Corp. (BPCL) also posted yields above 5%, at 6%, 5.7%, 5.7% and 5.5% respectively. The dividend yield measures the annual dividend paid per share against the current market price, showing how much investors earn from dividends relative to the share price. On Thursday, October 1, Coal India’s shares closed 0.67% lower at ₹421.5 on the BSE. The PSU has declared ₹26.50 per share in dividends over the past year and has announced nearly 35 dividend payouts since February 18 2011. Wipro’s stock rose 0.69% to ₹159.50, with an ₹8 per share dividend declared for the last year after 38 payouts since May 8 2000. ONGC fell 1.07% to ₹222, reporting a ₹13.25 per share dividend for the year and more than 60 dividends over the past 26 years. ITC’s shares slipped 2.56% to ₹257, with an equity dividend of ₹14.50 per share after more than 30 payouts in the last 25 years. BPCL’s exact price was not listed, but its FY26 yield stands at 5.5%. These high‑yield stocks offer investors steady cash flow while staying invested in well‑known companies.

Context

Large‑cap dividend yields are watched by income‑focused investors because they combine stability of established firms with regular cash returns, especially when market prices fluctuate.