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NMDC sees 52% dividend yield growth from FY24 to FY26

NMDC’s dividend yield climbed 52% over FY24 to FY26, while Coal India’s dividend yield rose from 6.3% in FY24 to 6.6% in FY26, according to LiveMint Markets.

Reported · Written up by our desk · Emerging Markets

LiveMint Markets highlighted NMDC and several other Indian stocks for what it described as consistently rising dividend yields over the last three financial years.

The outlet said NMDC posted the strongest dividend yield growth, up 52% from FY24 to FY26.

Coal India was also cited as having lifted its dividend yield from 6.3% in FY24 to 6.6% in FY26, with a dividend yield growth of 4.76%.

LiveMint Markets added that Coal India announced a total dividend of ₹26.5 per equity share over the last twelve months, and that its shares were trading at ₹407.25 on BSE at 11 am, down 1.62%.

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