Best Dividend Paying Stocks for January 2026: Nuvama, Vedanta, Coal India and More Based on Dividend Yield

Dividend stocks are shares of companies that share a portion of their profits with investors, usually in the form of cash or bonus shares. These payouts are generally made on a regular basis, such as every quarter or once a year. Companies that pay dividends are often stable and well-established, but the amount paid can vary depending on their financial performance.

Now, let’s look at the top dividend-paying stocks for January 2026, ranked by dividend yield.

Best Dividend-Paying Stocks in January 2026 Based on Dividend Yield

Note: The best dividend-paying stocks for January 2026 are selected from the Nifty 500 universe and have been sorted based on dividend yield as of December 31, 2025.

Overview of Top Dividend Paying Stocks for January 2026

1. Nuvama Wealth Management Ltd

Founded in 1993, Nuvama Wealth Management Ltd operates in equity broking and trading. The company is also registered with SEBI as an Investment Adviser and a Merchant Banker.

Key metrics: 

• ROCE: 20.4 %
• ROE: 30.9% 

2. Vedanta Ltd

Vedanta Ltd is a diversified natural resources company involved in finding, mining, and processing minerals as well as oil and gas. Its businesses cover zinc, lead, silver, copper, aluminium, iron ore, and oil & gas, with operations in India and countries such as South Africa, Namibia, Ireland, Liberia, and the UAE.

Key metrics: 

• ROCE: 25.3 %
• ROE: 38.5% 

3. Castrol India Ltd

Castrol India Ltd mainly manufactures and sells automotive and industrial lubricants. Its product range includes oils and fluids used in cars, bikes, commercial vehicles, industries, the energy and marine sectors, as well as cooling solutions for IT and data centres.

Key metrics: 

• ROCE: 55.2 %
• ROE: 41.8% 

Best Dividend-Paying Stocks in January 2026 Based on Market Cap

Note: The best dividend-paying stocks for January 2026 are selected from the Nifty 500 universe and have been sorted based on market cap as of December 31, 2025.

Also Read:Best Gold Mutual Funds in India for Jan 2026!

Best Dividend-Paying Stocks in January 2026 Based on 5-Yr CAGR

Note: The best dividend-paying stocks for January 2026 are selected from the Nifty 500 universe and have been sorted based on 5-Yr CAGR as of December 31, 2025.

Conclusion

High dividend-yield stocks often show that a company is financially strong and capable of generating steady income over the long term. You can use this list of top dividend-paying stocks as a reference while planning your investments. However, it is always advisable to consult a financial advisor before making any investment decisions.

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/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.