When individual investors like us invest in a company
we often look to see if the company pays dividends on a regular basis.
It is a significant positive element for a firm and demonstrates its stability if it pays dividends to its shareholders on a regular basis
The dividend yield is an important financial number to consider when evaluating a firm on a dividend basis.
We'll discuss the top five firms with the greatest yield dividends.
After that, we'll tell you how many shares in each company will need to be purchased in order to earn 1 lakh rupees in dividends each year.
1. Vedanta Limited The dividend yield of the company is 15.67% and you have to buy around 3,125 shares in the company to earn a total dividend of 1 lakh in a year.
2. REC limited The dividend yield of the company is 11.00% and you have to buy around 7,866 shares in the company to earn a total dividend of 1 lakh in a year
3. Indian Oil Corporation Limited The dividend yield of the company is 9.83% and you have to buy around 8,329 shares to earn a total dividend of 1 lakh in a year in the company.
4. Coal India Limited The company’s dividend yield is 9.32% and you have to buy around 6,247 shares to earn a total dividend of 1 lakh in a year in the company.
5. Bharat Petroleum Corporation Limited The dividend yield of the company is 13.09% and you have to buy around 2,273 shares in the company to earn a total dividend of 1 lakh in a year.
You can also visit our website to learn about the pros & cons of these companies