First you need to understand few points about dividend:
Dividend is a reward for customers, which will be paid from Company profits.
It doesn’t mean that investors are getting additional or out of share price/ once dividend is credited the share price will be adjusted accordingly.
Dividends are taxable
But many Investors look for dividend stocks because, when company in profits then only it can pay the dividends, It doesn’t mean the all the good companies should pay the dividend, It is optional many growing companies prefer not to pay dividends instead they will provide bonus shares occasionally.And at the same time All Dividend paying Companies are not profitable also, some companies borrow and pay the dividends. It is always best option to track financial as well. But for Conservative Investment selecting Financially good Dividend stocks is the best option.
Below are the best Financially good Dividend Stocks:
Coal India:
Dividend Yield: 9.60 %
Return on Equity: 37.0 %
Debt to Equity: 0.16
Industry: Mining
Oracle:
Dividend Yield: 4.45 %
Return on Equity: 26.3 %
Debt to Equity: 0.01
Industry: IT-Software
Tide Water Oil:
Dividend Yield: 3.42 %
Return on Equity: 26.3 %
Debt to Equity: 0.02
Industry: Lubricant Chemicals
Cochin Shipyard:
Dividend Yield: 4.25 %
Return on Equity: 15.8 %
Debt to Equity: 0.03
Industry: Shipping Industry
Power Grid Corporation:
Dividend Yield: 5.29 %
Return on Equity: 18.7 %
Debt to Equity: 1.74
Industry: Power Generation and Supply
REC Ltd:
Dividend Yield: 8.26 %
Return on Equity: 21.3 %
Debt to Equity: 7.07
Industry: Finance
Britannia Industries Ltd:
Dividend Yield: 4.26 %
Return on Equity: 46.9 %
Debt to Equity: 7.07
Industry: FMCG
Ircon International Ltd:
Dividend Yield: 4.77 %
Return on Equity: 9.03 %
Debt to Equity: 0.08
Industry: Rail Way construction
Please FOLLOW US, SUBSCRIBE and SHARE this article with your friends. Learn and Grow with us.
If you have any queries feel free to contact us.
Thanks and Regards
FunTech Team
Comments