InvestorQ : Which stocks are planning to give dividends in the year 2020?
Sadaf Khan made post

Which stocks are planning to give dividends in the year 2020?

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Mary Joseph answered.
3 months ago

Before I could suggest few stocks for this year, I would like to mention some important mantras that are must to earn dividends in a systematic way:

Pick good dividend stocks

Learn to Identify them

Dividends are similar to fixed deposits but grow with better returns

Hold stocks for long period

Plan the dividend stock purchase

Learn the limitations of earning dividends.

Here are my few suggestions with stocks for this year.

NTPC Ltd. Price- 89.35

Dividend - 3,064

Dividend Yield (Average Last 5 Years)- 3.94%

Infosys Price- 921.20

Dividend- 6,764

Dividend Yield (Average Last 5 Years)- 2.62%

Power Fin.- Price- 82.55

Divided- 1,043

Dividend Yield (Average Last 5 Years)- 6.47%

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Arti Chavan answered.
3 months ago

It will be very difficult to predict which companies will announce a dividend in August. This is because even if the companies make a profit, they are not compelled or bound to announce a dividend. There are many companies that have been consistently paying dividends like many PSUs. However, we will get to know about the dividend only once they come out with their results. 

Alternatively, there are many companies that will be going ex-dividend in August. Some of them are-

  • Greenply Industries Ltd
  • Subros Ltd
  • Astra Microwave Ltd
  • Abbott India Ltd
  • Lumax Auto Tech Ltd
  • Can Fin Homes
  • Century Textiles Ltd
  • Maruti Suzuki Ltd
  • Alkem Lab Ltd
  • Honeywell Automation Ltd
  • Whirlpool Ltd
  • Larsen &Toubro Ltd
  • Voltas Ltd
  • CRISIL Ltd
  • ICICI Securities Ltd
  • Lupin Ltd
  • Bosch Ltd
  • Titan Company Ltd