When you choose a company to invest and put money to them and remain spent for a Financial Period then you become a shareholder to that company, Now such companies pay their credit to their shareholders in the form of cash or reward which is like sharing their profits. It is, in turn, called a Dividend.
Dividends can be issued in various forms such as stocks, cash payments etc. The board of the company decides dividends Say CEOs, COOs, Directors, Chairman Etc.
Here is the Best Few Companies List to which you can invest for 2019 and 2020 Dividend Period. These companies paid a tremendous amount of money o their investors in the form of Dividends.
Vedanta
Hindustan Petroleum (HPCL)
Indian Oil Corp (IOC)
Hind Zinc
NLC India
NHPC
BPCL
bajaj Corporation
Ashok Leyland
Sonata
National Aluminium (NALCO)
NMDC
Emami
Power Finance Corp (PFC)
Eicher Motors
Castrol
MRF
ITC
Colgate
Not only EQUITY Investment but MUTUAL FUNDS also Provide Dividends, Dividend paying mutual funds provide investors with annualised payouts. The payouts are periodic and credit to you reliquary, here the investor feels safe and secure with these Mutual funds. These dividends are revenue shares of that Mutual fund earned for the current financial year.
Remember, usually holding shares from January month of this year to May month of next year fruits decent amount of Dividend. It means Q3 results of this year time to Q4 Results of Next Financial Year.
Put some 10 thousand rupees into some ten best and highest dividend paying firms. You may see the right amount of returns which are five times more than what you can earn in any form of investment in any way. Please do self-research before choosing any company for your investment. Likewise, you can plan and invest and earn a peacefully decent amount of returns.