Dividend Stock: Investment in shares is primarily seen as a way to generate returns through value praise – where the price of shares increases over time, allowing investors to sell them for profit. However, there is an additional bonus that many investors often ignore: Dividend,
Dividend is paid by companies, usually from its benefits as a way to appreciate shareholders. While not all stock dividends provide, people who provide an additional stream of income, making them even more attractive.
There are some stocks that provide high dividend yield of 8% and more, which defeat the returns given by Bank fixed deposits Or some other popular small sewings plans such as Public provident fund About 7-7.5%, made them even more attractive.
According to a report by Axis Securities, five Small cap stocks – Esters DM Healthcare, MSTC, Chenia Petroleum, DB Corp and Allcargo Logistics – have managed to offer a dividend of 8-26% in the last one year by defeating FD and PPF returns.
High-profit-paying small-cap stock
Here is a look at the small-cap stocks with the highest Dividend yield,
1. Ester DM Healthcare
While this healthcare small-cap stock is 2% below in the last one year, its dividend yield is 26% as has been paid. 124 as dividends in the last 12 months.
2. Mstc limited
This PSU stock belongs to e-commerce sector has offered one 45.5 dividends in the last one year, to 10% on the existing market price. 479. However, the stock has wiped out the money to 44% in the last one year, according to BSE data.
3. Chennai Petroleum Corporation
According to Axis Securities, this small-cap stock related to oil and gas sector has a dividend yield of 9%, as it has paid dividends 55 in the last 12 months. Stock performance has been a mixed bag as it has shed 34% in the last one year, but has 145% rallies in two years.
4. DB corp
DB CORP has succeeded in rewarding shareholders with dividends 20 (dividend yield 9%) in the last 12 months. Media stock has done unchanged business in the last one year.
5. Allcargo logistics
This small-cap stock has a dividend yield of 8% after dividend payment 2.1 in the last 12 months. The company’s market was standing in capitalization 2,700 crores till date, 8 April.
Disclaimer: This story is only for educational purposes. The above views and recommendations are of individual analysts or broking companies, not Mint. We recommend investors to investigate with certified experts before taking any investment decisions.