Best Dividend Paying Stocks in November 2026: Coal India and More

November 2026 presents attractive opportunities for income-focused investors seeking stable dividend income amid volatile market conditions.
Several large-cap and fundamentally strong companies continue to offer healthy dividend yields supported by robust cash flows and established business models.
These stocks combine income potential with long-term stability. Let’s take a look at the best dividend-paying stocks to consider this month.
Top 10 Dividend-Paying Stocks in November 2026 Based on Dividend Yield
| Name | Dividend Yield (%) | Market Cap (₹ Cr) | ROE (%) |
| Coal India Limited | 6.66 | 2,45,276.59 | 27.83 |
| REC Limited | 6.47 | 75,441.87 | 19.96 |
| Power Finance Corporation Limited | 5.88 | 1,04,151.21 | 15.76 |
| Housing and Urban Development Corporation Limited | 4.22 | 28,693.23 | 20.2 |
| General Insurance Corporation of India | 4.11 | 56,579.4 | 14.64 |
| Chennai Petroleum Corporation Limited | 3.94 | 23,435.68 | 32.13 |
| National Aluminium Co Limited | 3.73 | 56,604.99 | 29.42 |
| Canara Bank Limited | 3.56 | 1,07,042.76 | 15.93 |
| Shipping Corporation of India Limited | 3.07 | 11,379.47 | 15.54 |
Note: The data above is as of October 27, 2026, as is ranked and sorted based on dividend yield.
Overview of Top Dividend-Paying Stocks for November 2026
1.Coal India Limited
Coal India continues to rank among India’s highest dividend-paying stocks. The company offers dividend yields well above market averages, backed by steady cash generation and a dominant position in India’s coal sector. Its payout ratio remains largely sustainable, making it a preferred choice for income-focused investors.
Key Metrics:
ROE: 27.83%
ROCE: 19.99%
2.REC Limited
REC Limited delivers stable performance, supported by its foundational role in financing large-scale power infrastructure across generation, transmission, and distribution channels. Its secure corporate backing and regular capital returns offer substantial visibility for long-term income yield seekers.
Key Metrics:
ROE: 19.96%
ROCE: 3.51%
3.Power Finance Corporation Limited
PFC stands as a core powerhouse in the strategic non-banking financial sector, servicing key public and private energy assets. Backed by solid earnings performance and targeted domestic credit growth, the asset portfolio serves as a dependable engine for steady income streams.
Key Metrics:
ROE: 15.76%
ROCE: 3.66%
4.Housing and Urban Development Corporation Limited
HUDCO plays an essential role in driving India's infrastructure roadmap, focusing on critical social housing and urban civic development projects. With robust balance sheet fundamentals and state-aligned funding programs, it remains a resilient addition to value-centric portfolios.
Key Metrics:
ROE: 20.2%
ROCE: 2%
Top Dividend-Paying Stocks Sorted by Debt-to-Equity Ratio
The table below lists select dividend-paying stocks arranged in ascending order of their debt-to-equity ratio.
Note: The data above is as of October 27, 2026, as is ranked and sorted based on debt-to-equity ratio.
Top Dividend-Paying Stocks Ranked by Net Profit Margin
The table below presents dividend-paying stocks sorted in descending order of net profit margin.
| Name | Net Profit Margin |
| National Aluminium Co Limited | 31.32 |
| Housing and Urban Development Corporation Limited | 30.27 |
| REC Limited | 27.35 |
| Power Finance Corporation Limited | 22.42 |
| Shipping Corporation of India Limited | 21.63 |
| General Insurance Corporation of India | 17.77 |
| Coal India Limited | 16.85 |
| Canara Bank Limited | 11.68 |
| Chennai Petroleum Corporation Limited | 4.85 |
Note: The data above is as of October 27, 2026, as is ranked and sorted based on net profit margin.
Conclusion
Dividend-paying stocks such as Coal India, REC, Power Finance Corporation, Housing and Urban Development Corporation and General Insurance Corporation of India offer investors regular income and long-term stability in focus for November 2026.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Oct 28, 2026, 10:11 AM IST

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