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Sectors with the highest 1-year dividend yield ...Middle East
New Delhi: The metals and mining sector has the highest dividend yield of 5.2 per cent, as per an analysis by Trendlyne. Companies with the highest dividend yield in this sector are Vedanta, Hindustan Zinc and National Aluminium Company with 30.7 per cent, 19.8 per cent and 4.8 per cent, respectively. Though Vedanta tops the list, its outsize dividend yield can be attributed to a 20 per cent drop in its stock price over the past year. This shows how a plummeting share price can push up yields, as per Trendlyne. Vedanta chose to distribute a substantial dividend of Rs 101.5 per share to its shareholders to meet its holding company’s financial obligations and debt repayments. This massive pay
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