Skip to main content

Top 8 Dividend Paying Stocks In India For 2019


top dividend paying stocks





Top 8 Dividend Paying Stocks In India For 2019



There are two types of investors in this world. One type of investor wants growth of stocks. They basically want price appreciation of the stocks so that they can be benefited by the long-term gain. The second type of investor's main concern is a dividend. The dividend is given by the company out of profit. It is not mandatory but the companies who are distributing dividend regularly have a good reputation in the share market. So today we're going to discuss Top 8 dividend paying stocks In India.


8. Coal India

Coal India is a well-known company and its reputation in distributing dividend is quite good in the share market. This company is currently trading at 15.62 P/E ratio and EPS of ₹15.82. In FY 2018 coal India has given ₹16.5 as a dividend to its shareholders which comes to a dividend yield of 6.81%.



7.PFC

Power Finance Corporation is another company which distributes dividend regularly and at a good percentage. It offers you dividend more than the fixed deposits offered by most of the nationalized bank. This company is currently trading at 5.27 P/E ratio and EPS of ₹19.96. In FY 2018 coal India has given ₹7.80 as a dividend to its shareholders which comes to a dividend yield of 7.42%.



6.REC

Rural Electrification Corporation is a company which arranges finance for various kinds of loans and advances related to electricity. This company is currently trading at 4.49 P/E ratio and EPS of ₹27.16. In FY 2018 REC has given ₹9.15 as a dividend to its shareholders which comes to a dividend yield of 7.5%.



5. IOC

Indian Oil Corporation is an Indian state-owned oil and gas company with registered office at Mumbai. This company is currently trading at 5.79 P/E ratio and EPS of ₹23.87. In FY 2018 IOC has given ₹21 as a dividend to its shareholders which comes to a dividend yield of 15.2%.



4.HPCL

Hindustan Petroleum Corporation Limited has approximately 25% market share in India among public sector companies and strong market infrastructure. This company is currently trading at 5.99 P/E ratio and EPS of ₹42.71. In FY 2018 HPCL has given ₹17 as a dividend to its shareholders which comes to a dividend yield of 6.64%.



3.BPCL

Bharat Petroleum Corporation Limited is a government of India controlled maharatna company. This company is India's second largest downstream oil company. This company is currently trading at 9.42 P/E ratio and EPS of ₹38.4. In FY 2018 BPCL has given ₹21 as a dividend to its shareholders which comes to a dividend yield of 5.80%.



2.OIL India

Oil India Limited is the second largest hydrocarbon exploration and production Indian public sector company with its operational headquarter in Assam. This company is currently trading at 6.43 P/E ratio and EPS of ₹27.64. In FY 2018 OIL India has given ₹15 as a dividend to its shareholders which comes to a dividend yield of 8.44%.



1.Vedanta

Vedanta is a global diversified metals and mining company with its headquarters in London. This company is currently trading at 10.73 P/E ratio and EPS of ₹18.58. In FY 2018 OIL India has given ₹21.2 as a dividend to its shareholders which comes to a dividend yield of 10.63%.


I hope this article will help you in the future for taking decisions regarding dividend-paying stocks. I personally have REC in my portfolio and my only reason to hold this stock is to get the handsome dividend. That’s all for today.

Stay Happy, Stay Blessed.




Comments

  1. one think i assume is whenever there is a dividend distribution the market discounts that amount most of the time and push back of price results in more longterm buyers into that stock

    ReplyDelete

Post a Comment

Popular posts from this blog

Success Story Of Colgate, One Of The Bestselling Toothpaste Brand

Success Story Of Colgate, One Of The Bestselling Toothpaste Brand "It cleans your breath while it cleans your teeth", can you guess whose slogan is this.  If you have guessed correct then today I'm going to tell you the success story of one of the best selling toothpaste brands of India i. e. Colgate.  It's popularity can be measured by thousands of situations where the term toothpaste is replaced by Colgate in India.  Do you know, this brand came into being almost 210 years ago, introduced by Williams Colgate .  And initially, this company used to produce soaps, not toothpaste that too in jars and not tubes.  So now, let's get back to the beginning of the story.  Also Read Success Story Of Haldiram Bujhia Success Story Of Amul How Maggie Became Successful? The founder of Colgate, Willam Colgate was born on 25 Jan 1783 in England. His father was a farmer.  But later, they shifted to Maryland in the US where his father along with a friend began to make candles

What is SIP - 5 Advantages and 2 Disadvantages

Hello friends, in this post we are going to discuss about SIP, its advantages and most importantly which no one will say you, its disadvantages. In this article you will get to know about SIP investments and what are the advantages and disadvantages of SIP. You must know it. Check it here. So imagine what we used to do in 90's when we were kids. People had piggybanks but I personally had a small box where I used to put coins whenever I get money.  There was a lot of emotions behind that and specially I used to fight whenever anyone touched my box. Imagine how our grand parents were saving money.   I will highly advise you to read this book based on mutual fund and published by CNBC TV18. This will give you a through knowledge related to mutual fund investing. Check out the book here. The -most common sources were   Fixed Deposits(FD) Recurring Deposits(RD) If I will explain the true meaning of SIP then it will be similar to Recurring Deposits.  SIP is modern era

60 New Year Resolution Ideas For You - Amazing Adviser

In this article we will tell you 60 New year Resolution Ideas which you can take this New year and make it meaningful.  If you have been relaxing the end month of a toxic year and wondering about the year to come, you’re at the right place!  Little do we imagine that life is after all, a reflection of what we do.  What we give is what we get and how we give is how we get! Sounds a bit like the Karma theory, jeez!   Well, this article is solely for the people who are too bad at making New Year resolutions and even worse at making them come true. Firstly, guys, why do you make a resolution? We make resolutions as hopes – hopes to build something better in the year, to give some more efforts, to live a bit happier and grow stronger.  Let’s just cheer for this hope that doesn’t die so easily in us – Sante!  Now to keep this kingdom of hopes alive once again, it is high time to think of some of the best New Year resolutions that will boost us up every time we think of them.  Here is a curat