Table of Contents
Highest Dividend Yield Shares
| S.No. | Name | Div Yld \% |
|---|---|---|
| 1. | Coal India | 10.58 |
| 2. | I O C L | 10.00 |
| 3. | REC Ltd | 9.33 |
| 4. | Power Fin.Corpn. | 8.12 |
How much do I need to invest to get 100 dividends?
To make $100 a month in dividends you need to invest between $34,286 and $48,000, with an average portfolio of $40,000. The exact amount of money you will need to invest to create a $100 per month dividend income depends on the dividend yield of the stocks.
Which Indian stocks give monthly dividends?
Dividend payout ratio:
| Company Name | Sector | Dividend Per Share (Rs.)** |
|---|---|---|
| Indiabulls Housing Finance Ltd | Thrifts & Mortgage Finance | 52.8 |
| Infosys Ltd | IT Services | 33.5 |
| The Karnataka Bank Ltd | Banks | 4.5 |
| Power Finance Corp Ltd | Diversified Financial Services | 7.4 |
What is the dividend yield of 100 stocks at Rs 200?
Suppose you purchased 100 stocks of a company at Rs 200. The annual dividend for that year was Rs 10. So, for the first year, the dividend yield will be 5\%. This yield is small here compared to the returns from most of the debt investments.
What is the tax on dividends paid by Indian companies?
As per the Section 194, which shall be applicable to dividend distributed, declared or paid on or after 01-04-2020, an Indian company shall deduct tax at the rate of 10\% from dividend distributed to the resident shareholders if the aggregate amount of dividend distributed or paid during the financial year to a shareholder exceeds Rs.
Are shareholders liable to pay tax on dividend received from domestic companies?
Up to Assessment Year 2020-21, if a shareholder gets dividend from a domestic company then he shall not be liable to pay any tax on such dividend as it is exempt from tax under section 10(34) of the Act. However, in such cases, the domestic company is liable to pay
What is the tax on dividend received from foreign companies?
Dividend received by a domestic company from a foreign company, in which such domestic company has 26\% or more equity shareholding, is taxable at a rate of 15\% plus Surcharge and Health and Education Cess under Section 115BBD. Such tax shall be computed on a gross basis without allowing deduction for any expenditure.