During the business year 2025, some midcap stocks have given their investors a good dividend yield. According to Axis Securities, these include National Aluminum Company Limited (Nalco), NMDC, Indraprastha Gas Limited (IGL), Canara Bank and Oil India Limited.
Dividend receiving is a financial metric that suggests how much dividend a company pays every year relative to its stock price. Three to five percent are generally considered a good dividend. Dividend receiving is an important factor that investors keep in mind when purchasing stocks.
National Aluminum Company Limited (Nalco): It has been the most dividend -giving midcap stock in the last one year. Nalco has given a dividend of Rs 10 per share in the last 12 months. This means that the National Aluminum Company Limited has given a dividend of 7%.
NMDC Limited: 6% of the Dividend Percent to NMDC is not far behind 7% of Nalco. The company has given a dividend of Rs 3.8 per share during the last 12 months.
Indraprastha Gas Limited (IGL): Gas distribution company has given dividends of Rs 10.5 per share to investors during business year 25. This means that IGL has given a dividend of 6%, which is similar to NMDC Limited.
Canara Bank: Canara Bank has given a dividend of 4% to its investors. The bank has given dividends of Rs 3.22 per share to investors during the last 12 months.
Oil India Limited: The company has also paid the same dividend as Canara Bank. Oil India has given dividends of Rs 12.5 per share to investors during the last 12 months.