IDBI Capital has identified 12 Quality stocks with more than 10% dividend yield

In their latest research report, IDBI Capital has presented a table of companies that offer dividend yield of 3% and above. The data used for the same is (01st April 23- 30th November 24).

The selection criteria adopted is that the Market cap should be more than 500 Cr, Dividend yield should be more than 3%, the company should be profit making for past 3 years, Five year average ROE should be more than 9, Special Dividend (one off) are not taken into consideration, while consistent Special Dividend are considered, Consistent dividend paying track record.