Nothing is more fascinating than making passive income, which really helps you build a substantial income without even working for it. On top of the share price increase, investors receive dividends as additional income which are directly credited into bank accounts.
So, with making further adieu let’s look at the top dividend givers are their Ex-dividend dates
What is a dividend
Shareholder dividends are payments made by a company to its shareholders. In general, dividends are paid after the company’s results have been announced. Dividends are distributed based on the face value of the shares and can be fixed at any amount per share.
What are the types of dividends?
There are various types of dividends like Special dividends, Interim dividends, and final dividends
Here are the best dividend stocks list
Marico
Marico is an Indian consumer brand started in 1987 by Harsh Mariwala. It is the top 4th consumer brand in India having a market capitalization of around 64k crores and sits below Varun Beverages.
Marico is an expert in producing coconut oil, edible oils, health, and beauty products. Some of its well-known brands are Parachute, Soffola, and Setwet.
Marico’s dividend yield is around 1.85% which is quite respectable to accept.
Marico’s dividend history.
| Dividend | 08 March 2023 | 4.5 rupees per share |
| Dividend | 04 February 2022 | 6.25 rupees per share |
| Dividend | 08 Nov 2021 | 3 rupees per share |
| Dividend | 10 Mar 2021 | 4.5 rupees per share |
| Dividend | 05 Nov 2020 | 3 rupees per share |
CG Power products
An Indian multinational company engaged in electrical equipment and engineering, CG Power and Industrial Solutions Ltd. CG Power has a global presence in over 30 countries, and it is headquartered in Mumbai.
CG Power products
power transformers, switchgear, circuit breakers, and automation solutions.
Sector – Electrical equipment
| Dividend | 15 March 2023 | 1.5 rupees per share |
CRISIL
Crisil is the industry leader in India with having the highest market cap in its segment. Crisil is the credit rating agency used by lenders, banks, and regulators to calculate the creditworthiness of companies.
Sector – Ratings
| Dividend | 31 March 2023 | 23 rupees per share |
| Dividend | 04 Nov 2022 | 10 rupees per share |
| Dividend | 04 Aug 2022 | 8 rupees per share |
| Dividend | 06 May 2022 | 7 rupees per share |
| Dividend | 30 Mar 2022 | 15 rupees per share |
SBI Life insurance
SBI life insurance company is the India’s second largest company in providing different types of insurances and policies.
It is a joint venture between SBI bank and BNP Paribas Cardif. SBI life insurance has a strong network of 900 branches and approximately 18,000 advisors in India.
Sector – insurance
Through SBI life insurance has declared the dividend, it has not specified the exact numbers.
Please refer to the Dividend details
Hindustan Aeronautics
Hindustan Aeronautics is the India’s largest defence company which was founded in 1940. It produces various defence related products like fighter jets, transport aircraft, helicopters, and ships.
Sector – Defence
Through Hindustan Aeronautics has declared the dividend, it has not specified the exact numbers.
Please refer to the Dividend details
Topic – best dividend stocks