Money Excel - Personal Finance Blog

Menu
MENUMENU
MENUMENU
  • Home
  • Business Ideas
    • 225 Small Business Ideas
    • 40 Online Business Ideas
    • 20 Business Ideas for Beginners
    • 20 small manufacturing business
    • 30 Food Business Ideas
    • 100 Business Ideas low investment
  • Stock Market
    • Best Demat & Trading Accounts 2020
    • Best Stocks 2020 by Experts
    • Best Virtual Trading Apps
    • Best Stock Screener
    • Best Discount Brokers in India
    • Multibagger Stocks of LockDown
    • Rakesh Jhunjhunwala Portfolio
  • Mutual Funds
    • Best Mutual Funds 2020-21
    • Best Direct Mutual Fund Platform
    • Best Mutual Fund Mobile Apps
  • Incometax
    • Income Tax Slab FY 2020-21
    • Income Tax Calculator FY 2020-21
    • Income Tax Refund Request
    • Pay Advance Tax Online
    • Download New 15G -15 H Forms
  • Investment
    • Best Investment Ideas 2020
    • Long Term Investment Options
    • Best Investment Regular Income
    • Best Investment Options NRI
  • Credit Card
    • Best Credit Cards 2020-21
    • Best credit card for online shopping
    • Best Forex Card in India
    • Best Business Credit Cards
    • Credit Cards against Fixed Deposit
  • Insurance
    • Best Term Insurance Plans 2020
    • Best Health Insurance 2020
    • Best LIC Policy 2020
    • Best Car Insurance Companies
    • Best Mobile Insurance Companies
  • Downloads
Home
Stock Market
Highest Dividend Yield Stocks of Sensex

Highest Dividend Yield Stocks of Sensex

Raviraj Parekh July 4, 2020

Dividend is amount paid by company to shareholder usually distribution of profit. Dividend amount is often measured in terms of dividend yield or as dividend per share.

What is Dividend Yield?

Dividend Yield is financial ratio that indicates how much shareholders are paid in the form of dividend every year. it is calculated by dividing amount of dividend by the share price.

Let’s take simple example one price of one auto share is 200 Rs/- and Dividend per share is 10 Rs/- dividend yield under this case will be 5%. (10/200 x 100). If price of one IT share is 400 Rs/- and Dividend per share is 10 Rs/- dividend yield under this case will be 2.5% (10/400×100).

So in above example it is good to invest in auto share as it provide higher dividend yield compare to IT share as it gives more earning per rupee invested.

Do not miss below posts -
  • Technical Analysis or Fundamental Analysis – Which is better?
  • Multibagger Small Cap Mid Cap Stocks for Investment – 2018
  • Top Diwali Picks for Samvat 2071 – Motilal Oswal

Company with higher dividend yield is good for investment because –

  • Higher Dividend is sign of stable and profitable company as mostly profitable companies preferred to pay good dividend.
  • This company provides steady cash flows.
  • Price of high dividend yield fluctuate less with market fluctuations

dividend yield

Before Buying High Dividend yield stocks 

Before buying a such stocks you need to take care of following:-

  • Some companies may boost yield in order to attract investor. Even company is not making profit they attempt to lure investor by high dividend. One should check balance sheet before purchasing such stock.
  • Don’t go for any startup company as startup may be paying dividend higher at initial years to attract customer.
  • Rather than looking at highest dividend yield you need to check that it is sustainable or not. At least check out last five year dividend history.

Select company with justifiable dividend track record. A company that pays a steady dividend, especially if the company raises its dividend regularly over time is good buying bet.

Now as we know that high dividend yield stock is best for investment question arise which are these stocks? So I am herewith list of sensex stocks with highest dividend yield.

High dividend yield stocks

Prev Article
Next Article
Tags:best dividend yield stock dividend stocks dividend yield dividend yield ratio Dividend Yield Stocks high dividend yield sensex high dividend yield stock dividend yield top dividend yield

About The Author

Raviraj Parekh

Raviraj is the man behind moneyexcel.com. He is PGDBA, engaged in blogging for 10 years. Moneyexcel blog is ranked as one of the Top 10 Personal Finance Blog in India. He is not affiliated with any financial product, service provider, agent or broker. The purpose of this blog is to spread financial awareness and help people in achieving excellence for money. Please note that the views expressed on this Blog/Comments are clarifications meant for reference and guidance of the readers to explore further on the topics. These should not be construed as investment advice or legal opinion.

Leave a Reply

Cancel reply

IIFL Demat Account

Search

Top Posts & Pages

  • Rakesh Jhunjhunwala Portfolio Holdings - January 2021
  • Income Tax Calculator FY 2020-21 (AY 2021-22) – Excel Download
  • How to check Property Records and Land Records online in India?
  • 20 small manufacturing business ideas with low cost
  • Cash Deposit Machine Locator – How to find CDM Near You?
  • 235 Small Business Ideas with Low Investment in 2021-22
  • LIC Premium Paid Certificate Download For Income Tax Purpose - Online
  • Top 60 Manufacturing Business Ideas
  • 10 ways to Convert Black Money to White
  • 10 Best Small Trading Business Ideas

Subscribe to Blog via Email

Join 5,476 other subscribers

Follow MoneyExcel

Money Excel – Personal Finance Blog

Personal Finance Blog
Copyright © 2021 Money Excel - Personal Finance Blog
| About |Downloads | Contact Us | Sitemap | Disclaimer | Privacy Policy |