Published on 19 Mar 2024 on Simply Wall St. via Yahoo Finance
Exploring Top Dividend Stocks In India For March 2024
Amidst a backdrop of broad-based profit booking and valuation concerns, Indian blue-chip shares have experienced a notable decline, with the NSE Nifty 50 and BSE Sensex both shedding value in recent trading sessions. In these fluctuating market conditions, investors often look towards dividend stocks as a potential source of steady income and relative stability.
Top 10 Dividend Stocks In India
NameDividend YieldDividend RatingEPL (BSE:500135)2.29%★★★★★★Narmada Gelatines (BSE:526739)2.74%★★★★★★Vinyl Chemicals (India) (BSE:524129)2.93%★★★★★★Castrol India (BSE:500870)3.74%★★★★★☆Karnataka Bank (NSEI:KTKBANK)2.22%★★★★★☆Balmer Lawrie (BSE:523319)3.45%★★★★★☆Indian Oil (NSEI:IOC)3.11%★★★★★☆PTC India (NSEI:PTC)4.45%★★★★★☆Ruchira Papers (NSEI:RUCHIRA)4.23%★★★★★☆Bank of Baroda (NSEI:BANKBARODA)2.16%★★★★★☆