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Highest Dividend Paying Stocks In India For 2023
we have analyzed the highest dividend paying stocks in India 2023 on the basis of last 5 year dividend history which can be best investment opportunity for investors

Dividend Paying Stocks

In recent market times, when the fear of recession in 2022 - 2023 is looming around major economies of the world and the market returns from your investments are very volatile. In such a situation seasoned investors target high-quality companies which have strong financials and those that consistently pay high dividends.

 

Most seasoned investors target such stocks that pay dividends on a consistent basis as they have a strong cash-generating mechanism because of which they are able to pay consistent dividends to their investors which is a popular way to generate passive income from dividends.

 

What is a Dividend?

The dividend is a part of the profit which a company distributes among their shareholders in the form of cash or shares in order to reward them.

 

In the share market, one could earn in two ways:

1). capital appreciation

2). earning dividends from your investments.

 

The top 5 Highest dividend-paying companies in India are:

1). Hindustan Zinc Limited

2. Indus Towers

3. Vedanta

4. Coal India

5.  Indian Oil Corporation

 

Know why these are  Highest dividend-paying stocks in India