India High Dividend Stocks Today May 2026
Discover the best high dividend stocks in India for May 2026, featuring leading companies such as Powergrid Infrastructure Investment Trust (PGINVIT-IV.NS), Indigrid Infrastructure Trust (INDIGRID.NS), IL&FS Investment Managers Limited (IVC.BO). These dividend stocks for passive income picks represent companies offering significant payouts to shareholders, providing a reliable source of passive income and portfolio stability.
Our curated list highlights stocks in utilities, consumer defensive, and financial sectors with dividend yields of 4% or more, updated monthly using Meyka AI to track current yields, payout ratios, and price trends.
| Symbol | Price | Change | Volume | Dividend Yield | Market Cap | Sector / Industry | Sector | GRADE |
|---|---|---|---|---|---|---|---|---|
| PGINVIT-IV.NS Powergrid Infrastructure Investment Trust | $91.97 | +0.05% +0.05 | 2M | +16.31% | 83.7B | Utilities | - | BGrade |
| INDIGRID.NS Indigrid Infrastructure Trust | $169.43 | +18.52% +26.47 | 430.5K | +11.25% | 118.7B | Financial Services | - | BGrade |
| IVC.BO IL&FS Investment Managers Limited | $7.24 | -2.16% -0.16 | 65.7K | +10.66% | 2.3B | Financial Services | - | Z Grade |
| IVC.NS IL&FS Investment Managers Limited | $7.32 | -0.95% -0.07 | 111.1K | +10.66% | 2.3B | Financial Services | - | Z Grade |
| INDIGRID-IV.NS Indigrid Infrastruct Trst | $169.43 | -0.03% -0.05 | 431.3K | +9.44% | 161.4B | Financial Services | - | Z Grade |
| RECLTD.BO REC Limited | $336.80 | +1.03% +3.45 | 138.6K | +5.82% | 886.9B | Financial Services | - | Z Grade |
| RECLTD.NS REC Limited | $336.95 | +0.97% +3.25 | 4.6M | +5.82% | 887.3B | Financial Services | - | Z Grade |
| MAGADSUGAR.BO Magadh Sugar & Energy Limited | $475.00 | +0.99% +4.65 | 117 | +5.81% | 6.7B | Consumer Defensive | - | Z Grade |
| MAGADSUGAR.NS Magadh Sugar & Energy Limited | $473.25 | -0.06% -0.30 | 3.6K | +5.81% | 6.7B | Consumer Defensive | - | Z Grade |
| STEELCITY.NS Steel City Securities Limited | $78.19 | -1.24% -0.98 | 8K | +5.12% | 1.2B | Financial Services | - | Z Grade |
| UTIAMC.BO UTI Asset Management Company Limited | $951.80 | +1.00% +9.40 | 27.7K | +5.04% | 122.3B | Financial Services | - | Z Grade |
| UTIAMC.NS UTI Asset Management Company Limited | $953.25 | +1.25% +11.80 | 90.4K | +5.04% | 122.5B | Financial Services | - | Z Grade |
| PTC.BO PTC India Limited | $193.60 | -1.15% -2.25 | 56.8K | +5.01% | 57.3B | Utilities | - | Z Grade |
| PTC.NS PTC India Limited | $193.77 | -1.14% -2.24 | 601K | +5.01% | 57.4B | Utilities | - | Z Grade |
| ABIRAFN.BO Abirami Financial Services (India) Limited | $31.43 | -4.32% -1.42 | 33 | +4.77% | 169.7M | Financial Services | - | Z Grade |
| ITC.BO ITC Limited | $301.75 | -2.03% -6.25 | 875.4K | +4.76% | 3.8T | Consumer Defensive | - | Z Grade |
| ITC.NS ITC Limited | $301.70 | -2.06% -6.35 | 30.8M | +4.76% | 3.8T | Consumer Defensive | - | Z Grade |
| CENTRALBK.BO Central Bank of India | $31.30 | -7.70% -2.61 | 3.1M | +4.44% | 283.3B | Financial Services | - | Z Grade |
| CENTRALBK.NS Central Bank of India | $31.27 | -7.81% -2.65 | 117.5M | +4.44% | 283B | Financial Services | - | Z Grade |
| JOINDRE.BO Joindre Capital Services Limited | $48.13 | +2.82% +1.32 | 2.3K | +4.16% | 666M | Financial Services | - | Z Grade |
Understanding High Dividend Stocks
High dividend stocks are companies that return a meaningful portion of earnings to investors, helping generate steady income and reduce volatility. The National Stock Exchange (NSE) & BSE high dividend stocks today May 2026 list ranks companies based on live market data, including:
- Price movements: ₹91.97, ₹169.43, ₹7.24
- Trading volume: 2M, 430.5K, 65.7K
- Market capitalization: 83.7B, 118.7B, 2.3B
- Sector / Industry: Utilities / Regulated Electric, Financial Services / Financial - Conglomerates, Financial Services / Financial - Conglomerates
This curated list allows investors to track the best dividend-giving stocks in 2026, evaluate payout sustainability, and identify monthly dividend opportunities.
How to Track High Dividend Stocks in India (National Stock Exchange (NSE) & BSE)
Income Generation
- Earn steady income even during volatile markets in India
- Use dividends to reinvest or supplement cash flow
- Build long-term passive income portfolios using National Stock Exchange (NSE) & BSE stocks
- Discover high-yield dividend stocks under ₹91.97
Smart Allocation
- Identify value in defensive and essential sectors on National Stock Exchange (NSE) & BSE
- Reduce portfolio risk with income-generating assets
- Benchmark dividend yields against inflation and index returns in India
- Evaluate price-to-dividend ratios and average dividend returns of National Stock Exchange (NSE) & BSE listings