Safe havens in volatile markets?
If you are looking to play safe in equity stock cash markets and want to avoid taking risks, don’t miss out on stocks that offer dividend on a regular basis. They might turn out to be multibaggers but investors will be able to generate a steady flow of risk free income from such stocks.
Dividends are distributed by companies out of their profit after tax. A dividend payout ratio indicates how much a company pays out in terms of dividends compared to its share price.
History suggests that dividend paying ideal stocks are less volatile in times of uncertainty or steep corrections. While selecting such stocks investors should look for stability in the underlying business of the company, along with its ability to generate cash flows to pay dividend.
According to a report by IDEAL STOCK,
top 10 stocks with high dividend yield and double-digit return on equity (RoE) include:
Rural Electrification Corporation, Coal India, Accelya Kale Solutions, Castrol India, Procter & Gamble Hygiene & Health Care, Infosys, InterGlobe Aviation, Bajaj Corp, Hindustan Zinc and Hero MotoCorp