Best Dividend Paying Stocks in India, Good & Top Dividend Paying Stocks NSE
Dividend-Paying Stocks: Dividend means the distribution of a portion of the company’s earnings, fixed and managed by the company’s board of directors in Company Board Meetings, and paid to a section of its shareholders.
Shareholders must accept a dividend through their voting rights. While cash dividends are common, dividends can also be issued in the form of stocks or other asset shares. In addition to companies, various mutual funds, and exchange-traded funds (ETFs) also pay dividends.
Key Features of Dividend-Paying Stocks
- A dividend means a portion of the company’s earnings determined and managed by the board of directors of the company and paid to its shareholder class.
- Publicly listed companies pay dividends as a reward for investing their money in a venture.
- The statement of dividend payout is usually accompanied by a proportionate increase or decrease in a company’s share price.
Highest Dividend Yielding Stocks, Good Dividend Stocks India 2020
| Company | Ex Date | Records Date | Dividend Type | Dividend (%) | Div/per share (INR) | Face Value (INR) | Dividend Yield (%) |
| Castrol India | 22-Apr-20 | – | Final | 60.00 | 3.00 | 5.00 | 3.03 |
| KSB | 23-Apr-20 | – | Final | 80.00 | 8.00 | 10.00 | 1.83 |
| Britannia | 29-Apr-20 | 02-May-20 | Interim | 3500.00 | 35.00 | 1.00 | 1.11 |
| CRISIL | 04-May-20 | 05-May-20 | Interim | 600.00 | 6.00 | 1.00 | 0.42 |
| Bharti Infratel | 05-May-20 | 06-May-20 | Interim | 41.00 | 4.10 | 10.00 | 2.60 |
| DIC India | 10-Jun-20 | – | Final | 45.00 | 4.50 | 10.00 | 1.55 |
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