Here are some of the best Dividend Paying Stocks in India in the Last 3 Years
Do not all stocks pay dividends? No, not all companies pay dividends to their equity shareholders.
The first thing is to earn profit. Dividends are disbursed from the amount of profit the company earns. If a company is not profitable at all, its shareholders may not get any dividends.
Furthermore, it is not necessary that a profitable company is obliged to disburse dividends, the sole decision of announcing dividends remains with the company itself.
The last part is even if the company payout dividends, how much do they do? Is it any worth in comparison to the price of the company’s stock?
HIGH DIVIDENT PAYING STOCKS ARE LISTED BELOW -
- VEDANTA - (17%)
- NMDC - (14%)
- INDIAN OIL - (12%)
- REC - (11%)
- SAIL - (10%)
- HUDCO - (09%)
- ONGC - (7%)
- GAIL - (7%)
- HINDUSTAN ZINC - (7%)
- COAL INDIA - (7%)
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