Published on 19 Jun 2024 on Simply Wall St. · via Yahoo Finance
Avoid Triveni Engineering & Industries And Explore One Better Dividend Stock...
Dividend-paying stocks are often pursued for their potential to provide a consistent income stream. However, the stability of these dividends is crucial; fluctuations can indicate underlying financial challenges. For instance, Triveni Engineering & Industries has experienced significant dividend cuts, raising concerns about the reliability of its payouts and making it a less attractive option for those seeking dependable dividend investments. Today, we will compare this with another stock that shows more promise in maintaining its dividends.
Top 10 Dividend Stocks In India
NameDividend YieldDividend RatingBalmer Lawrie Investments (BSE:532485)4.14%★★★★★★Bhansali Engineering Polymers (BSE:500052)2.89%★★★★★★D. B (NSEI:DBCORP)3.84%★★★★★☆ITC (NSEI:ITC)3.21%★★★★★☆Castrol India (BSE:500870)3.09%★★★★★☆HCL Technologies (NSEI:HCLTECH)3.50%★★★★★☆Indian Oil (NSEI:IOC)8.27%★★★★★☆VST Industries (BSE:509966)3.69%★★★★★☆Redington (NSEI:REDINGTON)3.27%★★★★★☆PTC India (NSEI:PTC)3.66%★★★★★☆