4 Largecap Dividend Yield Above 1 Per Cent Stocks to Watch for Future Multibagger Potential: TCS, Infosys, Hindustan Zinc and Union Bank
- October 27, 2026
- Posted by: Manan Bisht
- Category: Best Stocks
TCS Rs 2,535. Infosys Rs 1,166. Hindustan Zinc Rs 497. Union Bank Rs 181.20. Market caps from Rs 1.31 lakh crore to Rs 8.42 lakh crore. Data as of 26 Oct 2026.
Quick Answer
TCS, Infosys, Hindustan Zinc and Union Bank are the 4 picks in this dividend yield above 1 per cent stocks watchlist, with market caps between Rs 1.31 lakh crore and Rs 8.42 lakh crore. TCS stands out for the largest market cap at Rs 8,42,220 crore, while Infosys offers a nearly debt-free balance sheet, with a debt-to-equity ratio of 0.10. PE ratios run from 6.33 to 16.24, so compare each one with its industry PE before investing. All figures are as of 26 October 2026.
Dividend yield above 1 per cent stocks to watch for multibagger potential start with a simple filter: size, a clean financial record and earnings that keep growing. TCS, Infosys, Hindustan Zinc and Union Bank meet that test, with market caps from Rs 1.31 lakh crore to Rs 8.42 lakh crore and TCS offering the largest market cap at Rs 8,42,220 crore. Each of these companies has a dividend yield above 1 per cent, a return on equity of at least 10 per cent and profit growth in FY26 and in the latest quarter, and net profit rose in FY26 and in the latest quarter.
This list covers companies with a dividend yield above 1 per cent, a return on equity of at least 10 per cent and profit growth in FY26 and in the latest quarter, rising profit in FY26 and the latest quarter, market capitalisation above Rs 1,00,000 crore, and complete, verifiable financials, ranked by market capitalisation. Each company has a market cap above Rs 1 lakh crore. Investors screening dividend yield above 1 per cent stocks usually begin with size and balance sheet strength, and this list follows the same logic. All figures are as of 26 October 2026 and are drawn from NSE and BSE data and company filings.
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What Are Dividend Yield Above 1 Per Cent Stocks and Why Do They Attract Multibagger Interest?
Dividend yield above 1 per cent stocks are shares that pay shareholders more than Rs 1 a year in dividend for every Rs 100 invested, rewarding investors while the business grows. The four here cover IT services, zinc mining and public sector banking.
A regular dividend alongside rising profit shows that a company can fund its growth and still share earnings with investors. Within dividend yield above 1 per cent stocks, the four companies show rising profit. For dividend yield above 1 per cent stocks, both FY26 and the latest quarter showed growth. Whichever way you read dividend yield above 1 per cent stocks, the common thread is rising profit backed by complete financial data. Investors researching dividend yield above 1 per cent stocks get a fuller picture by reading growth and valuation together. The table below lines up dividend yield above 1 per cent stocks on size, growth and valuation, using complete FY26 and latest quarter numbers. Past performance does not guarantee future returns, so use dividend yield above 1 per cent stocks as a starting point for your own research.
Dividend Yield Above 1 Per Cent Stocks at a Glance: Price, Market Cap, PE, ROE and Price to Book
Prices are closing prices as of 26 October 2026. Union Bank has the lowest PE of the group at 6.33, while Hindustan Zinc posts the highest return on equity at 61.13%.
| Stock | CMP (Rs) | Market Cap (Rs Cr) | PE | Industry PE | ROE | Price to Book | 52-Week Range (Rs) |
|---|---|---|---|---|---|---|---|
| Tata Consultancy Services | 2,535 | 8,42,220 | 16.24 | 18.27 | 43.37% | 7.08 | 1,976.80 to 3,350.00 |
| Infosys | 1,166 | 4,46,753 | 14.73 | 18.27 | 33.24% | 5.18 | 980.40 to 1,728.00 |
| Hindustan Zinc | 497 | 2,14,904 | 12.59 | 12.27 | 61.13% | 9.50 | 412.25 to 609.05 |
| Union Bank of India | 181.20 | 1,30,642 | 6.33 | 12.02 | 15.57% | 0.98 | 135.80 to 205.49 |
TCS: Return on Equity of 43.37%
TCS is India’s largest IT services company by market capitalisation and runs large AI and data practices for global clients. It reported FY26 revenue of Rs 2,71,423 crore, up 4.68% year on year, and net profit of Rs 49,454 crore, up 1.35%. Net profit has compounded at 6.49% a year since FY22, while revenue has grown 8.51% a year. Operating margin was 27.07% in FY26. The debt-to-equity ratio is 0.10, which keeps interest costs low.
In the September 2026 quarter, revenue rose 11.79% to Rs 74,525 crore and net profit grew 14.86% to Rs 13,934 crore. Domestic institutions raised their holding from 12.01% in June 2025 to 13.47% in June 2026. The stock trades at a PE of 16.24 against an industry PE of 18.27, below the sector average, with a return on equity of 43.37%. The dividend yield is 4.73%.
Infosys: Return on Equity of 33.24%
Infosys is a large IT services and consulting company that has built an AI-first offering around its Topaz platform. It reported FY26 revenue of Rs 1,82,972 crore, up 9.83% year on year, and net profit of Rs 29,474 crore, up 10.18%. Net profit has compounded at 7.41% a year since FY22, while revenue has grown 10.23% a year. Operating margin was 25.36% in FY26. The debt-to-equity ratio is 0.10, which keeps interest costs low.
The stock trades at a PE of 14.73 against an industry PE of 18.27, below the sector average, with a return on equity of 33.24%. The dividend yield is 4.35%. In the June 2026 quarter, revenue rose 13.56% to Rs 49,195 crore and net profit grew 12.29% to Rs 7,775 crore. Domestic institutions raised their holding from 39.60% in June 2025 to 42.96% in June 2026.
Hindustan Zinc: Return on Equity of 61.13%
Hindustan Zinc is among the world’s largest integrated zinc producers and also produces lead and silver. It reported FY26 revenue of Rs 41,934 crore, up 19.59% year on year, and net profit of Rs 13,832 crore, up 33.60%. Net profit has compounded at 9.48% a year since FY22, while revenue has grown 8.15% a year. Operating margin was 56.75% in FY26. The debt-to-equity ratio is 0.39.
In the June 2026 quarter, revenue rose 74.70% to Rs 14,063 crore and net profit grew 144.81% to Rs 5,469 crore. Foreign investors raised their holding from 1.31% in September 2025 to 2.36% in September 2026. The stock trades at a PE of 12.59 against an industry PE of 12.27, with a return on equity of 61.13%. The dividend yield is 1.97%.
Union Bank: 37.80% Profit CAGR Since FY22
Union Bank of India is a large government-owned bank that serves retail, MSME and corporate customers across India. It reported FY26 total income of Rs 1,28,399.52 crore, up 0.19% year on year, and net profit of Rs 18,780.63 crore, up 4.80%. Net profit has compounded at 37.80% a year since FY22, while total income has grown 11.95% a year.
The stock trades at a PE of 6.33 against an industry PE of 12.02, below the sector average, with a return on equity of 15.57%. The dividend yield is 2.93%. In the June 2026 quarter, total income rose 2.17% to Rs 32,660.24 crore and net profit grew 29.77% to Rs 5,368.17 crore. The share price has gained 249.43% over five years and 23.10% over the past year. Foreign investors raised their holding from 7.70% in June 2025 to 8.63% in June 2026.
Dividend Yield Above 1 Per Cent Stocks: Financial Comparison on Growth and Margins
The table compares scale and growth across these dividend yield above 1 per cent stocks. Latest quarter means the most recent reported quarter for each company, and only metrics that are positive for every company are shown.
| Stock | Revenue (Rs Cr) | Net Profit (Rs Cr) | Revenue Growth (YoY) | 4-Year Revenue CAGR | 4-Year Net Profit CAGR |
|---|---|---|---|---|---|
| TCS | 2,71,423 | 49,454 | 4.68% | 8.51% | 6.49% |
| Infosys | 1,82,972 | 29,474 | 9.83% | 10.23% | 7.41% |
| Hindustan Zinc | 41,934 | 13,832 | 19.59% | 8.15% | 9.48% |
| Union Bank | 1,28,399.52 | 18,780.63 | 0.19% | 11.95% | 37.80% |
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Institutional Holding in TCS, Infosys, Hindustan Zinc and Union Bank
Institutional holding shows who is backing these dividend yield above 1 per cent stocks alongside the promoter. The table uses the latest reported quarter for each. Infosys has the deepest institutional backing, with FII and DII together holding 70.05% as of June 2026. Domestic institutions increased their holding over the past year in TCS (from 12.01% to 13.47%) and Infosys (from 39.60% to 42.96%).
| Stock | Promoter | FII | DII | Public | Quarter |
|---|---|---|---|---|---|
| TCS | 71.77% | 9.06% | 13.47% | 5.70% | June 2026 |
| Infosys | 13.82% | 27.09% | 42.96% | 16.13% | June 2026 |
| Hindustan Zinc | 60.71% | 2.36% | 4.85% | 32.07% | September 2026 |
| Union Bank | 74.76% | 8.63% | 11.98% | 4.63% | June 2026 |
Risks to Weigh in Dividend Yield Above 1 Per Cent Stocks
Being careful with dividend yield above 1 per cent stocks means looking at what can slow the story as well as what can speed it up. Four points matter most:
- Past growth may not repeat.
- Share prices can move sharply in either direction.
- Valuation: Hindustan Zinc trades at a PE of 12.59 against an industry PE of 12.27, so earnings need to keep growing to support the price.
- Concentration: Holding all 4 names puts the allocation in one sector, so size each position to match your risk appetite.
How to Choose Between Dividend Yield Above 1 Per Cent Stocks
Picking from dividend yield above 1 per cent stocks comes down to four checks, applied in order.
- Check balance sheet strength first, and prefer a debt-to-equity ratio below 1 for non-financial companies.
- Compare each PE with the industry PE (12.02 to 18.27) and ask whether the growth rate justifies any gap.
- Track net profit growth, the operating margin and the return on equity in every quarterly result.
- Stagger entries across quarters and review institutional holding every reporting season.
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Conclusion
Among dividend yield above 1 per cent stocks, TCS stands out for the largest market cap at Rs 8,42,220 crore, Infosys for a nearly debt-free balance sheet, with a debt-to-equity ratio of 0.10, Hindustan Zinc for the highest return on equity at 61.13% and Union Bank for the fastest profit growth, 37.80% a year since FY22. Which one suits a portfolio depends on how much valuation risk it can carry, so staggering entries and reviewing each quarterly result is a sound habit. Investors comparing dividend yield above 1 per cent stocks should rank them on growth, financial strength and the price paid, and anyone who wants personalised guidance can consult a SEBI-registered advisor before acting.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Frequently Asked Questions on Dividend Yield Above 1 Per Cent Stocks to Watch
Which are the best dividend yield above 1 per cent stocks to watch for multibagger potential?
Ans. TCS, Infosys, Hindustan Zinc and Union Bank are the 4 names this list highlights, with market caps of Rs 8,42,220 crore, Rs 4,46,753 crore, Rs 2,14,904 crore and Rs 1,30,642 crore respectively. TCS is notable for the largest market cap at Rs 8,42,220 crore. Infosys stands out for a nearly debt-free balance sheet, with a debt-to-equity ratio of 0.10. Hindustan Zinc offers the highest return on equity at 61.13%. Union Bank brings the fastest profit growth, 37.80% a year since FY22. These are watchlist names for dividend yield above 1 per cent stocks, not recommendations, so match each one to your own risk profile and time horizon.
Is Hindustan Zinc a good stock for long-term investors?
Ans. Hindustan Zinc has a return on equity of 61.13%, a PE of 12.59 against an industry PE of 12.27 and a market cap of Rs 2,14,904 crore. Net profit has compounded at 9.48% a year since FY22, and FY26 revenue rose 19.59% while June 2026 quarter net profit grew 144.81%. Long-term returns in dividend yield above 1 per cent stocks depend on earnings growth and the price paid at entry, so staggering purchases and consulting a SEBI-registered advisor is sensible.
Can Union Bank become a multibagger from here?
Ans. Union Bank has already gained 249.43% in five years, so another multi-fold move would need sustained earnings growth. A multibagger outcome in dividend yield above 1 per cent stocks requires earnings to keep growing faster than the market for several years. Net profit has compounded at 37.80% a year since FY22, and FY26 revenue rose 0.19%. At a PE of 6.33 against an industry PE of 12.02, valuation should be checked against that growth before investing.
What is the market cap of TCS, Infosys, Hindustan Zinc and Union Bank?
Ans. As of 26 October 2026, TCS has a market cap of Rs 8,42,220 crore, Infosys has a market cap of Rs 4,46,753 crore, Hindustan Zinc has a market cap of Rs 2,14,904 crore and Union Bank has a market cap of Rs 1,30,642 crore. All of them qualify as largecaps. Market cap changes daily with the share price, so check the latest figure on the Univest Screener or on NSE before taking a decision on dividend yield above 1 per cent stocks.
What are the risks of investing in dividend yield above 1 per cent stocks?
Ans. The main risks are market swings, slower growth than expected and valuations that already reflect good news. Companies with strong balance sheets and steady earnings handle these better. Hindustan Zinc trades at a PE of 12.59 against an industry PE of 12.27, so earnings growth needs to hold up.
Is Union Bank trading below its industry PE?
Ans. Union Bank trades at a PE of 6.33 against an industry PE of 12.02. A lower PE means investors pay less for each rupee of earnings, but it should be read with growth (net profit has compounded at 37.80% a year since FY22 and FY26 revenue rose 0.19%) and balance sheet strength before drawing a conclusion.
How much do institutions hold in TCS, Infosys, Hindustan Zinc and Union Bank?
Ans. As of the latest reported quarter, FII and DII together hold 22.53% of TCS (9.06% and 13.47%), 70.05% of Infosys (27.09% and 42.96%), 7.21% of Hindustan Zinc (2.36% and 4.85%) and 20.61% of Union Bank (8.63% and 11.98%). Rising institutional holding is a useful signal in dividend yield above 1 per cent stocks, though it should be read with earnings trends rather than on its own.
