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Dividend Stocks Of 2022: 5 Stocks That Announced Dividend Ranging From 2000% To 8500%
Investing in dividend stocks help investors seek important benefits like consistent regular income and value appreciation. Investors may invest in high dividend stocks and enjoy the benefits for some years. According to Nirmal Bang, "The best thing about dividend stocks is they gain back their value during harsh market movements, making them a reliable option for risk investors on capital protection."
Leading stocks like 3M India, Larsen & Toubro Infotech Ltd, TCS, Oracle Financial Services Software Ltd, and Vedanta Ltd announced high dividends ranging from 4000% to 8500%. Check key takeaways below:
1. 3M India
The stock announced a special interim dividend of 8500% or Rs 850 per equity share earlier this year. It announced the massive dividend on November 9, 2022. The large cap diversified sector stock last trading price is Rs 23173 apiece. It has a market capitalisation of Rs 26,104 crore. The stock has given maximum 50% return in the last 5-years.
2. Abbott India
The Pharmaceuticals sector company declared an equity dividend of 2750% equivalent to Rs 275 per share for the year ending March 2022. The last trading price of the stock is Rs 20,194 apiece. It has a market capitalisation of Rs 42,911.16 crore. The large cap stock has given maximum 282% return in last 5-years.
3. Vedanta Ltd
The company has a solid dividend yield of over 14% at the current market price of Rs stock announced 313 apiece. The stock announced 4500% or Rs 45 per share dividend for the year ending March 2022.
Recently, the stock again announced an interim dividend of 1750% or Rs 17.50 per equity share on November 17 when the board of directors approved it.
The company has a market capitalisation of Rs 1,16,664.22 crore. It operates in Diversified sector and has given maximum 116% return in last 3-years.
4. Larsen & Toubro Infotech Ltd
The large cap IT Software stock announced a whopping dividend of 5500% amounting to Rs 55 per share for the year ending March 2022.
It has a dividend yield of 1.09%. The last trading price of the stock is Rs 5068 apiece and has a market capitalisation of Rs 88,881 crore.
It has given maximum 401% return in last 5-years.
5. TCS
The large cap IT Software stock announce a dividend of 4300% amounting to Rs 43 per share for the year ending March 2022. It has a dividend yield of 1.25% at the current market price of Rs 3439 apiece of the scrip on BSE. The company has a market capitalisation of Rs 12,58,439.24 crore. The stock has given maximum 161% return in last 5-years.
Disclaimer
The stocks give details related to dividend announcement in 2022. Greynium Information Technologies and the author are not liable for any losses caused as a result of decisions based on the article. Goodreturns.in advises users to check with certified experts before taking any investment decision.
