
State-Run Firms Pay Big Dividends; Coal India, PFC Lead The Pack
Dividend yield refers to the annual dividend income expressed as a percentage of the stock’s current market price -- an important metric for income-focused investors. Power Finance Corporation (PFC) rewarded shareholders with Rs 19.5 per share -- reflecting a yield of 5 per cent, while REC Limited paid Rs 19.1 per share, also translating into a 5 per cent yield.
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