desk
Share
News Topical, Digital Desk : Big investors decide to invest for the long term in the stock market because it gives them an opportunity to double their earnings in the market. On one hand, they get the benefit of long-term growth in the stock and on the other hand, they also get a stable income through dividends in the long term. Many companies are distributing dividends regularly and the dividends of some of these companies are even better than the bank FD rates. You can keep an eye on these dividend-paying stocks and can also expect double earnings with the investment decision based on future estimates.
Top dividend paying stocks
Vedanta's stock is at the forefront in terms of paying dividends. The dividend yield for one year is 8.53 percent. This is much better than the FD rate of big banks. At the same time, it is also much higher than the industry average. The industry's average dividend yield is 4.84 percent. Apart from this, Chennai Petroleum's one-year dividend yield is 8.03 percent. The industry's average dividend yield is less than one percent. That is, the dividend received by the investor in Chennai Petroleum is better than bank FD and much higher than the industry's average yield. Coal India has been consistently giving high dividends to its investors. The stock's one-year dividend yield is 6.71 percent. The industry's average is only 4.42 percent. Bank of Baroda is giving the best dividend in the banking sector. The one-year dividend yield is 6.62 percent. The industry's average yield is less than one percent. This is in competition with the one-year FD rates offered by the bank. Apart from this, Hindustan Zinc has also given a dividend yield of 6.42 percent to its investors for one year. The industry average is 5.96 percent.
--Advertisement--
