MSTC, BPCL, ONGC among top PSU dividend stocks with yields above 5% in FY26

MSTC India ranks eighth on the list with a dividend yield of 5.4%. Its shares closed at ₹738.05 on BSE, reflecting a market capitalisation of ₹5,195.87 crore. The stock has delivered a 43% return in 2026 so far and a 37% over the past year, supported by a return on equity (ROE) of 33%.

BPCL follows with a dividend yield of 5.5%. The Maharatna PSU’s shares closed at ₹304.5 on BSE, giving it a market capitalisation of ₹1,32,106.39 crore. The stock reached a 52-week high of ₹391.85 on February 5, 2026, and a low of ₹266.55 on April 2, 2026. Year-to-date, BPCL is up 20%, with a ROE of 17.34%.

ONGC recorded a dividend yield of 5.7% in FY26. Its shares closed 1.88% lower at ₹232.55 on BSE, with a market capitalisation of ₹2,92,554.39 crore. The stock has declined 2.25% year-to-date and 0.47% over the past year, despite an ROE of 12.82%.

REC Limited ranks fifth with a dividend yield of 5.9%. The stock closed marginally lower at ₹312.9 on BSE, delivering a 14.88% gain in 2026 so far and 16.49% over one year. Its ROE stands at 18.96%.

Other notable names in the top eight include IRCON International, which reported a 6% dividend yield, Coal India with a yield of 6.3%, and PFC with the highest yield in the group at 6.7%. The power trading firm PTC India leads the list with a dividend yield of 7.7%, closing at ₹152.9 on BSE and a market capitalisation of ₹4,525.97 crore, though it has declined 6.14% in 2026 so far.

All figures are based on the SBI Securities report and BSE closing prices as of Friday, September 11, 2026.