Introduction
Everyone wants to make money from the stock market, but only a few can actually do so. Dividend shares in the market significantly impact every investor. Some investors earn millions of rupees annually in the form of dividends from the market. If you invest in a fundamentally strong company that gives good dividends, you can also earn good money from dividends. The dividend amount is the amount that the company provides to its shareholders from its profit. There are also some companies in the stock market that provide dividends to their investors several times a year. The money that the investor gets from the dividend is separate and the profit that is obtained by increasing the share price is separate. So, let’s move forward without wasting any time and know about 5 such shares that give their investors a hefty dividend every year. But before that, if you have come to our website for the first time and want to stay connected with every small and big update related to the stock market, you can join our WhatsApp community or Telegram community. We keep providing information there continuously.
Investment Strategy
Friends, whenever you invest in the market, keep in mind that never invest directly by looking at the news, otherwise you can get stuck in trouble and lose your precious earnings. Plan to invest with a good strategy while investing so that you can see good profits over a long period of time. Please tell us how you liked this information by commenting in the comment section and if you liked it, share it as much as possible so that our morale increases and we can write new and fresh articles for all of you continuously.
1. Vedanta Ltd
Vedanta Ltd is a company with a market capitalization of ₹ 91,183 Cr. and a current price of ₹ 245. This company has a strong track record, with a high dividend yield of 41.4% and has shown a return of 24.9% over the last 3 years.
2. Indian Oil Corporation Ltd
Indian Oil Corporation Ltd has a market cap of ₹ 1,32,740 Cr. and a current price of ₹ 94.0. The company has a dividend yield of 3.19% and has shown a return of 17.4% over the last 3 years.
3. Steel Authority of India Ltd
Steel Authority of India Ltd has a market cap of ₹ 38,273 Cr. and a current price of ₹ 92.7. The company has a dividend yield of 1.09% and has shown a return of 34.6% over the last 3 years.
4. REC Ltd
REC Ltd has a market cap of ₹ 57,352 Cr. and a current price of ₹ 218. The company has a dividend yield of 5.78% and has shown a return of 39.1% over the last 3 years.
5. Goodyear India Ltd
Goodyear India Ltd has a market cap of ₹ 3,196 Cr. and a current price of ₹ 1,385. The company has a dividend yield of 1.91% and has shown a return of 13.9% over the last 3 years.
Also Read:
- Understanding the Basics of Stock Market Investing
- How to Choose the Right Stocks for Investment
- Top 10 Dividend Paying Stocks in India
Disclaimer: The vision is to promote financial literacy in India. The content we post is purely for education and entertainment purposes. We are not SEBI registered financial advisors. Therefore, we do not provide any investment or financial advisory services. You will be fully responsible for your money and your decisions. Please consult a SEBI registered financial advisor for your financial investments.
