Which Indian stock pays the highest dividend? (2024)

Which Indian stock pays the highest dividend?

Look for companies with strong financials, a competitive edge, and a history of consistent dividend payouts over time. Open a Demat and trading account with a reputable stockbroking firm in India. Ensure the broker offers access to a wide range of stocks and provides research tools and resources.

Which Indian stock gives highest dividend?

Overview of the Top Dividend Paying Stocks in India
  • Tata Consultancy Services Ltd. ...
  • HDFC Bank Ltd. ...
  • ICICI Bank Ltd. ...
  • Hindustan Unilever Ltd. ...
  • ITC Ltd. ...
  • State Bank of India. ...
  • Infosys Ltd. ...
  • Housing Development Finance Corporation Ltd.
Feb 22, 2024

Which stock pays the highest dividend?

10 Best Dividend Stocks to Buy
  • Philip Morris International PM.
  • Altria Group MO.
  • Comcast CMCSA.
  • Medtronic MDT.
  • Pioneer Natural Resources PXD.
  • Duke Energy DUK.
  • PNC Financial Services PNC.
  • Kinder Morgan KMI.
Apr 8, 2024

How to select best dividend stocks in India?

Look for companies with strong financials, a competitive edge, and a history of consistent dividend payouts over time. Open a Demat and trading account with a reputable stockbroking firm in India. Ensure the broker offers access to a wide range of stocks and provides research tools and resources.

Which penny stock gives highest dividend?

High dividend Penny stocks
S.No.NameCMP Rs.
1.Easy Trip Plann.43.80
2.Indian Energy Ex147.65
3.Motherson Wiring70.15
4.Lloyds Engineeri54.30
23 more rows

Which Indian share gives highest return?

More Collections >
Name3Y ReturnNet Profit YoY %
Reliance Industries Ltd69.63%9.2%
Tata Consultancy Services Ltd22.15%10.02%
Bharti Airtel Ltd144.94%47.95%
ICICI Bank Ltd88.56%35.55%
8 more rows

Which Indian company gives dividend every month?

Best Monthly Dividend Paying Stocks in India
NameClose PriceDividend Yield %
Union Bank of India Ltd148.851.85
Britannia Industries Ltd4971.501.48
Balkrishna Industries Ltd2297.500.69
Supreme Industries Ltd4054.200.63
6 more rows

What are the top 3 dividend stocks?

Realty Income (O 1.94%), Prologis (PLD -1.15%), and Camden Property Trust (CPT 1.05%) stand out as three of the top options for income-seeking investors. Their bigger payouts enable investors to produce more income from every dollar they invest, maximizing their income production.

What are the 3 dividend stocks to buy and hold forever?

7 Dividend Stocks to Buy and Hold Forever
Dividend StockCurrent Dividend Yield*Analysts' Implied Upside*
Johnson & Johnson (JNJ)3.1%25.3%
Merck & Co. Inc. (MRK)2.4%10.6%
Chevron Corp. (CVX)4%30.8%
Coca-Cola Co. (KO)3.3%18.1%
3 more rows
Apr 9, 2024

What are the top 5 dividend stocks to buy?

15 Best Dividend Stocks to Buy for 2024
StockDividend yield
First American Financial Corp. (FAF)3.8%
Pfizer Inc. (PFE)6.6%
Coca-Cola Co. (KO)3.3%
Johnson & Johnson (JNJ)3.4%
11 more rows

How many times Vedanta pays dividend?

Vedanta Ltd.
Announcement DateEx-DateRemarks
23-01-202303-02-2023Rs.12.5000 per share(1250%)Interim Dividend
17-11-202229-11-2022Rs.17.5000 per share(1750%)Third Interim Dividend
19-07-202226-07-2022Rs.19.5000 per share (1950%) Second Interim Dividend
06-04-202206-05-2022Rs.31.5000 per share(3150%)First Interim Dividend
37 more rows

Which stock will boom in 2024?

Best Stocks to Invest in India 2024
S.No.CompanyIndustry/Sector
1.Tata Consultancy Services LtdIT - Software
2.Infosys LtdIT - Software
3.Hindustan Unilever LtdFMCG
4.Reliance Industries LtdRefineries
1 more row
Apr 9, 2024

Which stock pays monthly dividends?

38 Stocks
SymbolCompany NameDiv. Yield
SLGSL Green Realty Corp.6.46%
EPREPR Properties8.22%
AVALGrupo Aval Acciones y Valores S.A.6.89%
PSECProspect Capital Corporation13.24%
34 more rows

Which stock will boom in 2024 in India?

Summary of the top 10 stocks to invest during Elections 2024
Serial No.Name of the stockMarket Capitalisation (in Rs Crore)
1)RVNL (Rail Vikas Nigam Limited)54200
2)Petronet LNG45400
3)IRCTC81800
4)Bank of India65700
6 more rows
Apr 12, 2024

What is the safest dividend stock?

Safest Dividend Stock #1: Globe Life Inc. (

Founded in 1979, the company has raised its dividend every year for the past 18 years. Globe Life reported Q4 and full year 2023 earnings on February 7th, 2024. For the quarter, earnings-per-share were $2.88, above the $2.46 the company reported in the same quarter of 2022.

Which penny stock will boom in 2024 in India?

Insights on Top Fundamentally Strong EV Penny Stocks in India in 2024
  • Amara Raja Energy & Mobility Ltd. ...
  • Indo National Ltd. ...
  • Panasonic Energy India Co Ltd. ...
  • HBL Power Systems Ltd. ...
  • Eveready Industries India Ltd. ...
  • Goldstar Power Ltd. ...
  • Exide Industries Ltd.
4 days ago

Which is the best Indian share to buy now?

  • Stock to buy today: NMDC Steel (₹65.9): BUY.
  • Stock to buy today: Petronet LNG (₹288.20): BUY.
  • Stock to buy today: Indraprastha Gas (₹475.35): BUY.
  • Stock to buy today: Sudarshan Chemical Industries (₹609.3)
  • Stock to buy today: Data Patterns (India) (₹2,238.60): BUY.
  • Stock to buy today: Federal Bank (₹164.60): BUY.

Which is the most profitable share of all time in India?

All time Highest profit
S.No.NameCMP Rs.
1.TCS3862.00
2.HDFC Bank1494.70
3.ICICI Bank1055.45
4.Infosys1419.25
23 more rows

Which Indian stocks double every 4 years?

Borosil Renewables, Acrysil, Asian Paints, Torrent Pharmaceuticals, Pidilite Industries and Titan Company stood among the rest of the players which also doubled investors' money every four years.

Is dividend taxable in India?

Starting from April 1, 2020 (FY 2020-21), all dividends received by investors/shareholders from Indian companies are taxable in the hands of the recipient. This means that individuals, Hindu Undivided Families (HUFs), and firms are now responsible for paying tax on the dividends they receive.

Which stock gives highest return in 1 year?

Indian Railway Finance Corporation (IRFC): This finance sector PSU stock is the biggest gainer in the BSE 500 index. IRFC's share price has surged 448% to Rs 170.85 on January 29 from Rs 31.20 a year ago. It has a current market capitalisation (m-cap) of Rs.

Which dividend model is best?

Since the two-stage dividend discount model is based upon two clearly delineated growth stages, high growth and stable growth, it is best suited for firms which are in high growth and expect to maintain that growth rate for a specific time period, after which the sources of the high growth are expected to disappear.

What's the best stock to buy and hold forever?

Here's a rundown of three of the best undervalued "forever" stocks to think about buying sooner rather than later.
  • Delta Air Lines. It's been a lackluster past few years for Delta Air Lines (NYSE: DAL) shareholders. ...
  • Amgen. ...
  • Berkshire Hathaway.
4 days ago

What are the best dividend stocks to buy and hold forever?

7 Dividend Kings to Buy and Hold Forever
StockDividend yieldDividend growth streak
Procter & Gamble Co. (PG)2.4%68 years
3M Co. (MMM)6.5%65 years
Coca-Cola Co. (KO)3.3%61 years
Johnson & Johnson (JNJ)3.2%61 years
3 more rows
Apr 11, 2024

How long should you hold dividend stocks?

If you buy a stock one day before the ex-dividend, you will get the dividend. If you buy on the ex-dividend date or any day after, you won't get the dividend. Conversely, if you want to sell a stock and still get a dividend that has been declared, you need to hang onto it until the ex-dividend day.

References

You might also like
Popular posts
Latest Posts
Article information

Author: Frankie Dare

Last Updated: 14/03/2024

Views: 5905

Rating: 4.2 / 5 (53 voted)

Reviews: 84% of readers found this page helpful

Author information

Name: Frankie Dare

Birthday: 2000-01-27

Address: Suite 313 45115 Caridad Freeway, Port Barabaraville, MS 66713

Phone: +3769542039359

Job: Sales Manager

Hobby: Baton twirling, Stand-up comedy, Leather crafting, Rugby, tabletop games, Jigsaw puzzles, Air sports

Introduction: My name is Frankie Dare, I am a funny, beautiful, proud, fair, pleasant, cheerful, enthusiastic person who loves writing and wants to share my knowledge and understanding with you.