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Dividend Of Up To 28%; Dividend Of Up To Rs 28 On An Investment Of Rs 100

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Dividend Stocks: When a company earns profit, some part of it is distributed among the shareholders in the form of dividends. For investors, it’s essential to know the amount of dividends the company pays each year.

The average dividend received every year is known as yield. In this article, we’ll be introduced to four such stocks that have dividend yields of between 28% and 38%.

This means that every year these companies give a dividend of up to Rs 28 on an investment of Rs 100.

Vedanta Dividend Details

According to the latest list, the dividend yield for Vedanta Ltd is 28%. This is a top dividend-paying company.

If an investor invests Rs 100 in this stock, then this company gives Rs 28 as dividend every year. This share is currently trading at 361 Rs and the market capitalization for the firm is 1.35 lakh crore.

Hindustan Zinc Dividend Details

The share of Hindustan Zinc Ltd is at the level of Rs 401. The dividend yield for this is 18.81 percent. This means that every year this company gives a dividend of about Rs 19 on an investment of Rs 100. Its market cap is Rs 1.7 lakh crore.

Coal India Dividend Details

Coal India’s share is at the level of Rs 456. The dividend yield is 5.31 percent.

This means that if an investor invests Rs 100 in this stock, he will get Rs 5.3 as a dividend every year. The market capitalization that the business has is 2.81 lakh crore.

ONGC Dividend Details

ONGC Ltd is a government company. These shares are at a level of Rs 272. Its dividend yield stands at 4.14 percent. 

That implies that if a shareholder invests 100 rupees in a year, he will receive the equivalent of Rs 4.14 as a dividend each year. The market cap is Rs 3.42 lakh crore.

Power Grid Dividend Details

Power Grid Corporation of India Ltd is also a government company. The share is trading at the amount that is Rs. 282. Its dividend rate was 3.92 percent.

This means that if an investor invests Rs 100 in this stock, he gets Rs 3.92 as a dividend every year. The market value for the firm is 2.63 lakh crore.

Disclaimer: The information on this site is only for informational and educational purposes and shouldn’t be considered financial advice or stock recommendations. We are here to provide timely updates about the stock market and financial products to help you make better investment choices.

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