Connect with us

Jobs & Money

Best Dividend Stocks in India you should add in your Portfolio

Published

on

Best Dividend Shares in India

Hey Guys, looking for some Best dividend stocks in India. Here I will give you some stock highlights for your portfolio. The stock market is not so easy who are beginners and do not have much knowledge about market trends. Only a few people earn money from the Stock Market rest only lost money. So before investing your money in the share market you should do a lot of research about companies in which you want to invest.

Also, read Stock trading ideas in India 2020.

What is Dividend, and why dividend is a full proof Income?

When a company makes a good profit, Company use this capital in two ways.

1) The Company reinvests this gained profit and does not share it with the shareholders. And assume that the company will grow more in the future with this Capital.
2) The company shares this profit with its shareholders.

Dividends are decided by the boards of Directors and approved by the shareholders. Everyone knows that investing for a long period is far better than the short term. You get dividends on share as well as appreciation on the share value.
Try to find the companies that are paying good dividends because these are more visible. Companies that pay a high dividend yield considered to be safe.

Invest your hard earned money carefully

Not all dividend-paying companies are reliable, you should check a few things before investing.

1) Consistent dividend payout
2) Consistent growth in the dividend paid.

Identify Best Dividend Stocks in India is not so easy, you have to check the financial reports of the company if you do not have much knowledge about finance then take the help of others. There are some steps you must follow while choosing high yield companies.

1) Open the Account book of the company, how much loss and profit organization making.
2) Check whether dividend yield is increased or not in the last five years.
3) Is EPS (Earning per share) increased in five years? And EPS growth and dividend per share growth is similar or not.

List of Shares

Company Name Latest Price Latest Dividend 52 Week Low 52 Week High Current
Cox & Kings 1.55 20 4.74 250 64.52
Clariant Chem 563.3 1,510.00 24.84 82.4 26.81
Banco Products 82.05 1,000.00 16.52 36.97 24.38
Technofab Engg 9.05 20 4.57 44.44 22.1
UFO Moviez 71.8 150 8 25.82 20.89
MPS 284.05 500 8.3 32.47 17.6
IDFC 18.5 31.5 7.78 23.77 17.03
NLC India 44.9 70.6 10.41 20.2 15.72
Gravita India 45.85 335 9.61 22.19 14.61
Indiabulls Hsg 215.2 1,550.00 4.57 38.27 14.41
Welspun Corp 79.35 210 4.49 19.09 13.23
Zodiac Energy 19.15 25 9.09 22.22 13.05
National Steel 3.15 4 9.3 38.1 12.7
DB Corp 79.95 100 5.35 17.24 12.51
Power Finance 79.55 95 7.12 12.81 11.94
PTC India 47.75 55 8.01 16.98 11.52
TV Today Network 199.5 445 6.45 17.44 11.15
Oil India 95.7 106 6.06 16.69 11.08
REC 101.55 110 7.03 13.97 10.83
NIIT 97.3 500 8.71 18.52 10.28
Setco Auto 9.8 50 5.03 18.35 10.2
JISL 10.1 50 5.17 32.26 9.9
SJVN 22.3 22 8.04 12.75 9.87
ILandFS 3.05 15 6.52 18.75 9.84
Jain Irrigation 10.25 50 3.96 32.79 9.76
Coal India 128 120 5.12 10.07 9.38
HUDCO 33.9 31 6.77 17.22 9.14

 

Also, read Top online jobs to earn extra money without any investment.

Disclaimer: Investment in equities is subjected to significant risk. Need to read and follow the SEBI guidelines under the ‘Combined Risk Disclosure Document’ before taking any decision to invest in the equities. This blog contains only my personal view about market and equities. Any investment decision should be taken with your own analysis and risk.

Thanks for reading Best Dividend Stocks in India and giving your precious time.

Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Trending