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Top 5 Highest Dividend Paying Stocks In India

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Which are the highest dividend paying stocks?

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I've prepared a list after studying the last 10 years trend

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I love dividend paying companies because it yields passive income

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these are high dividend paying  cmpanies

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PNB Gilts Limited

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PNB Gilts Limited (PNB Gilts) is a company in the finance (including NBFC) sector. The total valuation (market value) of the company is ₹ 1,169 crore.

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The price of one share of the company is ₹ 65.30 in BSE market and ₹ 65.30 in NSE market. PNB Gilts Limited was established in the year 1996.

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PROS: – Company's Stock is trading at 0.82 times its book value – Company is giving a good dividend yield of 15.31%. – Company's dividend payout is 40.98% (which is good). – The company's average sales growth is 19.24% of last 10 years CONS: – The company interest coverage ratio is low.

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