INDIA MARKET LENS
Companies◆ MixedCorporate Actions

Dividend jackpot shares: Coal India, Wipro, ITC, BPCL or ONGC? Which large cap stock has the highest yield? Data details

Coal India is in focus in a corporate actions development for FY26.

· LiveMint Markets

Coal India, Wipro, ITC, BPCL, and ONGC lead large cap stocks in dividend yield for FY26, offering yields over 5%. Coal India tops with 6.6%. Who is the winner?

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Period
FY26

Coal India reported movement of 5% and 6.6% for FY26. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.

Against that, the stock is -1.7% on the day at ₹407.60, and has returned -5.3% over three months. It sits 15% below its 52-week high. The oil & energy sector has moved -0.3% over the same period, so Coal India is running 5.0 points behind its peers.

With Coal India, Wipro and ITC all implicated, this reads as a Oil & Energy-level move rather than a company-specific one, which is the more durable kind of signal.

  • Buybacks, dividends and splits change what a shareholder actually receives, and often signal how management reads its own value.
  • It touches several names at once (COALINDIA, WIPRO, ITC, BPCL), which points to a sector-level rather than company-specific driver.
  • Sector exposure: Oil & Energy, IT, FMCG.
COALINDIAWIPROITCBPCLONGCOil & EnergyITFMCG