2 MNC stocks with a robust dividend of upto 360%

To avoid ups and downs of the markets and get consistent returns most investors prefer investing in dividend stocks instead of any growth or value stocks, as dividends are easy returns you get from the business's profits. However, there can be many catches to the stocks that are paying dividends, so to avoid issues, many invest in trusted companies.

Here are two trusted companies giving their investors a solid dividend of up to 360% this year.

Procter & Gamble Hygiene and Health Care Ltd

Procter & Gamble Hygiene and Health Care Ltd are engaged in manufacturing and selling branded consumer goods in the healthcare and femcare industry. The company's portfolio includes VICKS, -a leading health care brand, Old Spice, and WHISPER - India's leading Feminine Hygiene brand.

It is a large market cap company with a capitalization of Rs. 47,836 Crores. The company's stock has a current market price of Rs. 14,737, and the ex-dividend date of stock is 15 November 2022; the company has approved an excellent dividend of 115%.

Gillette India Ltd

Under its many brands, Gillette India Ltd produces and markets packaged fast-moving goods for the grooming and oral care industries. The company distributes razors and blades, shaving cream, shaving gel and aftershave products through various channels, including department stores, drug stores, membership club stores, mass merchandisers, and grocery stores.

Gillette India Ltd is a mid-market cap company with a capitalization of Rs. 17,739 Crores. The company's stock has a current market price of Rs.5,443, and the ex-dividend date of stock is 10 November 2022. The company has approved a robust dividend of over 360%.