GENERAL22 Sept 2026
4 dividend stocks that beat PPF yields: Majestic Auto, Jagran Prakash to Indo Borax | Full List | Stock Market News
Four dividend stocks — Majestic Auto, Jagran Prakash, Indo Borax and PTC India — offer dividend yields above the 7.1% interest paid by the government-backed Public Provident Fund (PPF). Majestic Auto leads at 16.7%, followed by Jagran Prakash at 16.01%, Indo Borax at 16% and PTC India at 14.85%. These stocks carry price risk too.
Key Statutory Highlights
- Majestic Auto declared a total equity dividend of ₹60 per share over the last 12 months, giving it a dividend yield of 16.7%.
- Jagran Prakash has a dividend yield of 16.01% after declaring ₹10 per share dividend in the last 12 months.
- The government-backed PPF scheme offers a 7.1% annual interest rate, which is lower than the yields on these four stocks.
Actionable Advice for Taxpayers / Founders:Before chasing these high yields, check each company's profits and dividend history, and speak to your adviser, since a dividend yield can fall when the share price moves.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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