Top 10 Dividend Stocks in India for September 2026
Sector Alpha's September 2026 ranking of dividend stocks worth ₹2,000 crore or more, from the weekly scan to 1 October 2026, put Gujarat Pipavav Port (84/100), Petronet LNG (75/100) and Chennai Petroleum Corporation (75/100) at the top. The score weighs growth, business quality, valuation against history and price strength. Source: Sector Alpha weekly scan.
- 1Gujarat Pipavav Port84scoreGrowth 100 · Quality 80 · Valuation 89 · Price strength 56
- 2Petronet LNG75scoreGrowth 65 · Quality 81 · Valuation 68 · Price strength 90
- 3Chennai Petroleum Corporation75scoreGrowth 83 · Quality 73 · Valuation 57 · Price strength 81
- 4National Aluminium Company73scoreGrowth 52 · Quality 77 · Valuation 83 · Price strength 92
- 5Gujarat Narmada Valley Fertilizers & Chemicals73scoreGrowth 72 · Quality 54 · Valuation 79 · Price strength 91
- 6Bhansali Engineering Polymers71scoreGrowth 57 · Quality 70 · Valuation 74 · Price strength 96
- 7Bayer CropScience71scoreGrowth 66 · Quality 84 · Valuation 73 · Price strength 61
- 8Hero MotoCorp62scoreGrowth 33 · Quality 76 · Valuation 97 · Price strength 59
- 9Veedol Corporation62scoreGrowth 73 · Quality 76 · Valuation 74 · Price strength 12
- 10R Systems International61scoreGrowth 54 · Quality 67 · Valuation 80 · Price strength 47
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 September 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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