Dividend Stocks: Earn High Returns with the Right Selection of Shares
Investing in the stock market is crucial for achieving the best returns. Along with the growth of stocks, the return paid by the respective companies is also an income for investors. Therefore, investors are often attracted to stocks that can provide them with high returns. Many investors invest in stocks with the aim of earning dividends along with growth trends. Here are five such public sector shares that have provided the highest dividends in the past 12 months:
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Coal India*
- Sector: Metals and Mining
- Dividend for the past 12 months: ₹24.5
- Dividend Yield for the past 12 months: 7%
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Balmer Lawrie Investment*
- Sector: Finance
- Dividend for the past 12 months: ₹33
- Dividend Yield for the past 12 months: 7%
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Indian Oil Corporation*
- Sector: Oil and Natural Gas
- Dividend for the past 12 months: ₹8
- Dividend Yield for the past 12 months: 6%
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Power Grid Corporation*
- Sector: Energy
- Dividend for the past 12 months: ₹13.8
- Dividend Yield for the past 12 months: 6%
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Oil India*
- Sector: Oil and Gas
- Dividend for the past 12 months: ₹19
- Dividend Yield for the past 12 months: 6%
Investing in dividend stocks can be a smart strategy for long-term investors. These stocks not only offer the potential for capital appreciation but also provide regular income in the form of dividends. It is essential for investors to carefully analyze the financial health and performance of companies before making investment decisions.
Disclaimer: This is News Coverage with Opinions of Experts and Should Not Be Taken as Direct Market Buying Tip. Market is always subject to risk. We recommend taking our content as research before investing.