Public Sector Undertakings (PSUs) have long been favored by income-focused investors due to their consistent dividend payouts and strong government backing. Dividends, which represent a share of a company’s profits distributed to shareholders, are an important source of passive income—especially in volatile markets.

The following list, curated by Axis Securities, highlights the top PSU stocks offering the highest dividend yields over the past 12 months. These companies not only ensure stable returns but also reflect financial strength and a commitment to rewarding shareholders.