New Delhi, Nov. 5 -- Gujarat Pipavav Port, Coal India, ONGC, REC, Tata Consultancy Services, HCL Technologies Limited, Petronet LNG, Power Finance Corporation, HUDCO and GAIL India are among the top companies with strong dividend yield and payout.

Dividend yield helps investors to understand how much a company pays out in dividends every year relative to its current share price. It matters because it measures the immediate cash returns people get from investment in stocks.

Coal India share price closed 1.13% lower at Rs.394.90 per share on BSE with a market capitalisation of Rs.2,43,366.14 crore on Thursday. The PSU has announced Rs.26.50 per share dividend over the last one year. Its dividend yield stood at 6.72%.

The stock closed 2.2...