5 Low-Debt Small-Cap Stocks With High Dividend Yields of Up to 17% to Keep an Eye On
Dividend-paying stocks can offer investors a potential source of regular income alongside possible capital appreciation. Companies with relatively low debt may also have greater financial flexibility to manage obligations and maintain shareholder payouts. However, high dividend yields alone do not guarantee sustainable returns. This list highlights five small-cap stocks with attractive dividend yields, while investors should also assess earnings stability, cash flows and debt levels.
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1. PTC India
PTC India Limited is a power trading firm that was set up in 1999 through a public-private partnership by the Government of India. The company acts as a facilitator for the trade of electricity from power producers to distribution companies. Apart from power trading, its business includes cross-border power trading, renewable energy solutions, consultancy and energy efficiency services.
With the market capitalization of Rs. 4,033 Crores shares of this company were trading at around Rs. 136 per share. The company delivered dividend yield of 16.3 percent and has low D/E ratio of 0.30.
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2. Jagran Prakashan
Jagran Prakashan Ltd is a media group that has investments in print media, radio broadcasting, digital media, outdoor advertising and promotions. The newspaper of Jagran Prakashan Ltd called Dainik Jagran is one of the leading Hindi newspapers. Radio City is a part of the group through its subsidiary called Music Broadcast Pvt Ltd.
With the market capitalization of Rs. 1,349 Crores shares of this company were trading at around Rs. 62.0 per share. The company delivered dividend yield of 11.3 percent and has low D/E ratio of 0.05
3. Expleo Solutions
Expleo Solutions Limited is an Indian technology and engineering services firm that belongs to the Expleo Group, which is a global firm. This firm offers software testing, quality assurance, digital transformation, product engineering, and technology consulting services. The firm works for clients in various sectors such as banking, finance, insurance, and others, offering them solutions in technology transformation and management..
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With the market capitalization of Rs. 1,249 Crores shares of this company were trading at around Rs. 801 per share. The company delivered dividend yield of 13.5 percent and has low D/E ratio of 0.01.
4. GOCL Corporation
GOCL Corporation Limited is moving into the electronics industry and real estate after having been in the commercial explosives and energetics sector before. The electronics arm of GOCL Corporation Limited offers services like printed circuit board assembly and box build for sectors such as automotive, industrial electronics, aerospace and defense. The company also has land-based real estate assets in places like Hyderabad and Bengaluru.
With the market capitalization of Rs. 1,530 Crores shares of this company were trading at around Rs. 308 per share. The company delivered dividend yield of 9.32 percent and has D/E ratio of 0.00.
5. Accelya Solutions India
Accelya Solutions India Limited offers technology solutions for the airline industry and the travel industry. The solutions offered by the company help in managing the commercial activities of airlines and include functions such as revenue accounting, financial processes, and passenger business processes. The company belongs to the Accelya Group, which creates software and technology platforms for airlines worldwide.
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With the market capitalization of Rs. 1,386 Crores shares of this company were trading at around Rs. 929 per share. The company delivered dividend yield of 8.53 percent and has low D/E ratio of 0.06.