Monthly Dividends: The Best Stocks for Steady Returns in India
Investors consider investing in high dividend-yielding stocks to benefit from regular dividend returns. By investing in high dividend-paying stocks, one can ensure a steady income and the company is financially doing well. Instead of waiting for capital appreciation, investors get steady returns and security. In this blog, we explore some of the best dividend-paying stocks in India that you can consider investing in. Monthly Dividends: The Top 5 Dividend-paying Stocks in India Indian Oil Corporation Ltd The Indian Oil Corporation Ltd (IOCL) was founded in 1959. It is one of the largest oil companies in India, operating in the refining, marketing, and distribution of petroleum products and the production of crude oil and natural gas. IOCL has a market capital of Rs. 2,00,451 crores, with an annual return of 19.81% and a monthly return of 1.42%. Britannia Industries Limited Britannia Industries Limited is one of the best dividend-paying stocks in India, with a m...