Top 10 Dividend Stocks in India for August 2026
Sector Alpha's August 2026 ranking of dividend stocks worth ₹2,000 crore or more, from the weekly scan to 4 September 2026, put Gujarat Pipavav Port (81/100), Petronet LNG (75/100) and National Aluminium Company (74/100) at the top. The score weighs growth, business quality, valuation against history and price strength. Source: Sector Alpha weekly scan.
- 1Gujarat Pipavav Port81scoreGrowth 100 · Quality 80 · Valuation 90 · Price strength 39
- 2Petronet LNG75scoreGrowth 65 · Quality 81 · Valuation 68 · Price strength 93
- 3National Aluminium Company74scoreGrowth 52 · Quality 77 · Valuation 81 · Price strength 100
- 4Chennai Petroleum Corporation73scoreGrowth 83 · Quality 73 · Valuation 58 · Price strength 69
- 5Gujarat Narmada Valley Fertilizers & Chemicals72scoreGrowth 72 · Quality 54 · Valuation 78 · Price strength 89
- 6Bayer CropScience72scoreGrowth 65 · Quality 85 · Valuation 75 · Price strength 63
- 7Bhansali Engineering Polymers70scoreGrowth 57 · Quality 70 · Valuation 74 · Price strength 89
- 8Housing & Urban Development Corporation61scoreGrowth 81 · Quality 69 · Valuation 65 · Price strength 9
- 9Veedol Corporation61scoreGrowth 73 · Quality 76 · Valuation 73 · Price strength 6
- 10Hero MotoCorp60scoreGrowth 33 · Quality 76 · Valuation 97 · Price strength 53
These follow the rule in place since October 2026: a dividend in at least 4 of the last 5 years, earnings above the payout and a regular yield of 3% or more. They are ranked on their scores from that month. Not frozen yet: this August 2026 ranking is worked out again from the stored weekly scores each time the page is built, so it follows today's rule. Once a month is frozen, it never changes.
See the latest dividend stocks ranking and full list.
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