Archive · 8 Oct 2026
NMDC Leads Six Stocks in Three-Year Dividend-Yield Growth
Dividend yield compares the dividend a company pays with the price of its share.
The article compares six companies over FY24 to FY26.
NMDC had the largest reported increase in dividend yield, at 52%.
The table lists its yield as 2.5% in FY24, 2.8% in FY25, and 3.8% in FY26.
The article's NMDC paragraph differs, saying the increase was from FY25 to FY26.
Coal India, ITC, REC, Aptech, and Radiant Cash Management also had yields listed.
A higher yield can happen because a company pays more in dividends.
It can also happen because its share price has fallen.
So a rising yield does not by itself show that a company is doing better.
NMDC recorded the highest reported three-year dividend-yield growth among six companies, at 52% from FY24 to FY26.
The comparison lists Coal India at 4.76%, ITC at 5.50%, Radiant Cash Management at 0%, REC at 15.70%, and Aptech at 4.25%.
The table gives NMDC dividend yields of 2.5% in FY24, 2.8% in FY25, and 3.8% in FY26; the accompanying text instead says the increase began in FY25.
Over the last 12 months, the article reports dividends per share of ₹26.5 for Coal India, ₹14.50 for ITC, ₹2.5 for Radiant Cash Management, ₹18 for REC, and ₹3.50 for NMDC.
Pankaj Pandey of ICICI Securities says a rising yield can reflect higher dividends from stronger earnings and cash flow, or a falling share price.
- Who
- Coal India, ITC, Radiant Cash Management, REC, NMDC, and Aptech; Pankaj Pandey of ICICI Securities is quoted.
- What
- A comparison of dividend yields identifies NMDC as having the highest reported three-year yield growth, at 52%.
- When
- The yield comparison covers FY24 to FY26; share prices and 12-month dividend figures are reported in the article, but its publication date is not provided.
- Where
- The share-price snapshots refer to trading on the BSE.
- Why
- The article examines which stocks had rising dividend yields and notes that yield increases may come from higher dividends or falling share prices.
- Highest three-year yield growth
- NMDC: 52%, as reported in the article.
- NMDC yields in comparison table
- FY24: 2.5%; FY25: 2.8%; FY26: 3.8%.
- Coal India yield growth
- 4.76% across the three-year comparison.
- ITC yield growth
- 5.50% across the three-year comparison.
- Radiant Cash Management yield growth
- 0.00%; its yield is listed as 6.3% in each of FY24, FY25, and FY26.
- REC yield growth
- 15.70% across the three-year comparison.
- Aptech yield growth
- 4.25% across the three-year comparison.
- How yield can rise
- According to Pankaj Pandey, yield can rise because dividends increase or because the share price declines.