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 market capitalization of Rs. 1,38,776.27. The company is primarily involved in the production and sale of various food products such as biscuits, bread, dairy products, and other consumer products. The stock's annual return is 30.17%, and the monthly return is 0.02%. If you are looking for a steady income and want to invest in this stock, Aaditya Wealthon can help free online demat account opening to start your investment journey. 


  • Punjab National Bank 

This bank operates in different banking and financial sectors, like retail and corporate wholesale banking. Punjab National Bank provides various banking services, like provision of international, personal, corporate, and capital services. It has an impressive market capital valued at Rs.1,20,733.37 croes and annual returns of 35.17%, making it a great opportunity for investors looking for steady monthly dividend payouts. 


  • Polycab India Limited 

The company manufactures cables, wires, and other electrical products. Polycab India Limited has a staggering market capital of Rs.1,08,004.56 crores, with annual returns of 30.23% and monthly returns of 6.71%. 


  • Union Bank on India Limited 

This banking company operates in various areas, including corporate and wholesale banking, treasury operations, and retail banking. It has a market capital of Rs.85465.85 crores, an annual return of 5.8%, and a monthly return of -9.25, demonstrating high capital appreciation. 

Monthly dividends can be a lucrative opportunity for investors to add to their portfolios, offering regular income and long-term growth opportunities. Aaditya Wealthon, the top stock market broker in India, with our expertise and market insights, can help you invest in the best stocks for steady returns. We analyze market risks, your risk tolerance, and your investment goals to help you make an informed decision. To make investments, call us today.

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