Dividend powerhouse: Coal India, ITC, REC, NMDC, Aptech, Radiant Cash - Which stock is real dividend multiplier? Details
Coal India reported results in a corporate actions development for FY24.
· LiveMint Markets
Coal India, ITC, REC, NMDC, Aptech, Radiant Cash are among the top companies with constantly rising dividend yield over last three financial years. Among them, NMDC posted the strongest dividend yield growth, at 52% from FY24 to FY26.
Key facts
- Period
- FY24 and FY26
The analysis
Coal India reported movement of 52% for FY24. 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 metals & mining sector has moved -4.3% over the same period, so Coal India is running 1.0 points behind its peers.
With Coal India, ITC and NMDC all implicated, this reads as a Metals & Mining-level move rather than a company-specific one, which is the more durable kind of signal.
Why it matters
- Buybacks, dividends and splits change what a shareholder actually receives, and often signal how management reads its own value.
Market context
- It touches several names at once (COALINDIA, ITC, NMDC), which points to a sector-level rather than company-specific driver.
- Sector exposure: Metals & Mining, FMCG, Financial Services.
In this story
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