Dividend-Paying Smallcap Stocks Shine: PTC India, MSTC, Akzo Nobel, La Opala, Castrol, VRL Logistics in Focus

Market Performance: Smallcaps Make a Statement

Dividend stories are no longer just about large-cap blue chips. In the past 12 months, a clutch of smallcap stocks quietly delivered dividend yields ranging between 5% and 10%, catching the eye of income-focused investors.

With fixed income instruments giving modest returns, these companies stood out by rewarding shareholders with steady cash payouts, while also staying relevant in their sectors.

The Standout Performers

Among the high-yield names, PTC India and MSTC Ltd stole the show. Both companies delivered a 10% dividend yield, the highest in this group.

• PTC India: Paid ₹19.5 per share in dividends. A key player in power trading, its payouts reflect strong cash flow.
• MSTC Ltd: Distributed ₹45.5 per share, showcasing its robust financial health from e-commerce and trading services.

Not far behind came Akzo Nobel India, the global paints and coatings leader. It offered an 8% dividend yield, translating into ₹256 per share—a solid contribution from the consumer sector.

Glassware manufacturer La Opala RG also turned heads. By paying ₹17.5 per share, it delivered a 7% yield, further cementing its position in the premium household product segment.

Mid-Range Dividend Payers

Beyond the leaders, a set of companies sat comfortably in the 6% dividend yield range, striking a balance between growth and payouts.

• Castrol India: One of the most recognized lubricant makers, rewarded shareholders with ₹13 per share.
• Allcargo Logistics: Paid ₹2.1 per share, reflecting steady returns from its logistics operations.
• Quess Corp: Distributed ₹16 per share, also landing in the 6% yield bracket.

Moderate-Yield Bracket: Stability with Consistency

The 5% yield category saw multiple names offering stability through consistent dividends.

• VRL Logistics: Declared ₹15 per share.
• Indraprastha Gas: Paid ₹10.5 per share, showcasing reliable performance in city gas distribution.
• Tamilnad Mercantile Bank: Announced ₹21 per share, marking steady shareholder rewards from one of India’s oldest private banks.

Other companies like Gateway Distriparks and Nirlon Ltd also featured in this 5% yield space, underscoring the steady approach of smallcaps to balance growth with shareholder payouts.

Summary

The last year highlighted how smallcap dividend stocks are no longer on the sidelines. With yields ranging between 5% and 10%, companies like PTC India, MSTC, Akzo Nobel, La Opala, Castrol India, VRL Logistics, Indraprastha Gas, and Tamilnad Mercantile Bank showcased that shareholder rewards remain a priority.

For investors, these names serve as a reminder that steady cash payouts aren’t confined to largecaps anymore. The smallcap space is quietly proving that consistent dividends and strong fundamentals can go hand in hand.