2 Stocks Giving You A Solid 1200% & 2300% Dividends If You Buy Shares Now

It's a time of the year when dividends are being declared by companies, including interim and final dividends. We have seen massive dividends being declared by the likes of Sanofi India and TV Today Network. Here are a few other companies that have declared very robust dividends.

Crisil: Massive dividends of 2300%

India's top rating agency has declared a massive dividend of 2300%, for which the ex-date has been fixed as March 31, 2023. It's important to remember that dividends are fully taxed in the hands of the investors. Crisil is the No 1 ratings agency and one out of every two companies in India is rated by CRISIL Ratings. The company has an unmatched coverage of about 67 sectors belonging to 29 industry groups. The shares of Crisil have hit a 52-week high of Rs 3860 and 52-week low of Rs 2712. The stock of Crisil was last trading at Rs 3606 on the Bombay Stock Exchange.

Schaeffler India

Schaeffler with four plants and 11 sales offices has significant presence in India with three major widely known product brands - FAG, INA and LuK. The stock of the company last closed at Rs 2920. The shares of the company have hit a 52-week high of Rs 3968 and Rs 1744.

The company's plant in Vadodara, Gujarat was set up in 1964 and produces a vast range of ball bearings, cylindrical roller bearings, and spherical roller bearing and wheel bearings and sold under the brand name of FAG. The second plant in Vadodara at Savli produces next generation deep groove ball bearings and large size roller bearings also sold under the name of FAG

Disclaimer

Please note that this article is for information and is not a recommendation to buy, or sell or hold in the two stocks mentioned above. We have merely given you information on the dividends and some other information thereof. Neither the author, nor Greynium Information Technology Pvt Ltd should be held responsible for losses incurred based on a decision in the article.