By Admin 
Highest Dividend Paying Stocks: In the stock market, one can not only earn money from capital appreciation of shares but can also earn good money from dividends. Here we are telling you about the top 5 companies which distribute a large part of the profits to the shareholders in the form of dividend.
What is dividend?
When a company earns profit, it gives a part of it to the shareholders, this is called dividend. Dividend can be given in cash or in the form of additional shares. This is a profitable deal for investors.
1. Coal India
Government company Coal India has been known for good dividends for a long time. This company gives dividends to investors several times every year.
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2. Indian Oil Corporation (IOC)
IOC’s name is also included among the top dividend paying companies. This oil and gas sector company keeps giving benefits to its shareholders regularly.
3. Power Grid Corporation
Power Grid Corporation, a government company in the power sector, is liked a lot by investors for its stable business and regular dividends.
4. Hindustan Zinc
Hindustan Zinc has also given tremendous dividends to investors in the last few years. This company is always in the news in terms of dividend yield.
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5. ITC
FMCG sector giant ITC is also known for continuously giving excellent dividends. It has been quite famous among long-term investors.
Keep in mind before investing-
Before investing in all these companies, do not just look at the dividend, also check the financial position of the company. Know that there is no guarantee of dividends and share prices fluctuate. Before investing, understand the fundamental position of the company and your risk profile.