Investing in dividend-paying stocks is an excellent strategy to earn a steady income while benefiting from potential capital appreciation. In India, several companies are known for their generous dividend payouts, offering investors an attractive return on investment. This article highlights the top high dividend-paying stocks in India for July 2024, including essential dates to help you make informed investment decisions.
Dividend-paying stocks are shares of companies that regularly distribute a portion of their profits to shareholders. These dividends can provide a steady income stream and are typically paid on a quarterly or annual basis. Companies that consistently pay dividends often have strong financial health and a stable cash flow. Investing in such stocks can be a reliable way to earn passive income while also benefiting from potential stock price appreciation.
| Company | Dividend Yield (%) | Dividend Amount (₹) | Ex-Dividend Date | Payout Date |
|---|---|---|---|---|
| Hindustan Zinc Ltd. | 19.31 | 61.5 | July 3, 2024 | July 24, 2024 |
| Vedanta Ltd. | 29.22 | 69 | July 8, 2024 | July 19, 2024 |
| IRB InvIT Fund | 11.03 | 8.05 | July 12, 2024 | July 26, 2024 |
| Coal India Ltd. | 8.60 | 24.25 | July 8, 2024 | July 15, 2024 |
| Power Grid Corporation of India Ltd. | 8.48 | 9 | July 10, 2024 | July 24, 2024 |
| Polyplex Corporation Ltd. | 9.36 | 109 | July 12, 2024 | July 31, 2024 |
| Brookfield India Real Estate Trust | 7.74 | 18.95 | July 15, 2024 | July 31, 2024 |
To get dividends in July from these stocks, it is crucial to understand the following key dates:
Investors often wonder how to get a dividend payout or how to get dividends from shares. To receive dividends, follow these steps:
To get dividends on shares, buy the stock at least one day before the ex-dividend date, hold it until the record date, and receive the payment on the payout date.
Purchase the shares before the ex-dividend date, ensure you are on the record as a shareholder by the record date, and you will receive the dividend payout on the specified date.
To get a dividend payout, invest in stocks with upcoming dividends, buy them before the ex-dividend date, and hold them until the record date.
Dividends declared are the payments announced by a company’s board of directors to be distributed to shareholders.
To get dividends in July, invest in the stocks listed above before their respective ex-dividend dates in July 2024.
Companies like Hindustan Zinc, Vedanta, IRB InvIT Fund, Coal India, and Power Grid Corporation of India are among those giving dividends in 2024.
The top 5 stocks to watch out for upcoming dividends in July include Hindustan Zinc, Vedanta, IRB InvIT Fund, Coal India, and Power Grid Corporation of India.
According to sources like The Motley Fool and Angel One, the 9 best dividend stocks to buy now in July 2024 include Hindustan Zinc, Vedanta, IRB InvIT Fund, Coal India, Power Grid Corporation of India, and others mentioned in their articles.
Investing in dividend-paying stocks can be a strategic way to enhance your income portfolio. By understanding key dates and choosing stocks with strong financials and high yields, you can make the most of your investments. Stocks like Hindustan Zinc, Vedanta, and Coal India offer attractive dividend yields and are worth considering for July 2024.
Saving money in India isn’t hard — it’s harder when your salary is limited and… Read More
Being a stay-at-home mom doesn’t limit your earning potential. Today, moms across India (and around… Read More
The Indian mutual fund industry just got its biggest shake-up in years. Jio Financial Services… Read More
Introduction Growing your savings in 2025 doesn't have to be complicated or risky. With the… Read More
Want to invest in mutual funds without studying the market? Here are 7 lazy but… Read More
Dreaming of ₹1 crore in 10 years? Here’s a brutally honest, step-by-step plan for regular… Read More
