Stocks To Buy: 10 Companies Where You Will Get Decent Dividends In Sept 2022

Stocks are bought usually for capital growth and the dividend income is an additional incentive. So, if you are eligible i.e. have a particular dividend paying stock in your demat account as on its record date then the dividend gets credited into your bank account on the dividend payment date which is usually 30-45 days after the record date.

Likewise, here are suggested some 10 stocks to buy that could provide you with decent dividend pay-out in September 2022.

When taking a call to buy these stocks for dividend, you can buy them until one day prior to the ex-dividend date which is also referred as the cum dividend date.

Reasons why you should consider investing in dividend stocks

1. Dividend stocks offer a great source of passive income. Usually dividend paying companies pay dividend consistently and periodically, distributing their profits among all shareholders.

2. Dividend paying stocks are comparatively less risky. When there is abrupt market crash or any other particular event, these stocks do not their value.

3. Inclusion of dividend paying stocks in one's portfolio help to diversify the risk effectively.

4. Also, these dividend paying stocks help to combat inflation. So, investors can invest in dividend stocks primarily high dividend growth stocks.

5. Dividend stocks are stable and relatively strong entities which are less prone to market volatility. As a result there is a lower chance of sharp movement in their stock price.

GoodReturns.in

Positive momentum in stocks to continue

"After consolidating last week nifty finally managed to cross and close above 17,500 levels. This indicates the inherent strength in the domestic market, despite mixed global cues and increasing geopolitical tensions. Strong macros, Positive FIIs flows and steady earnings were some of the key factors driving the markets. We expect positive momentum to continue with nifty inching towards 17700 - 17800 zones. Inflation data for US and India would be key data to watch out for during the truncated trading week," says Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd.

Global markets to lend support

Global as well as Domestic indices were positive after the US reported better-than-expected jobs data over the weekend. Nifty opened higher and gained strength during the day to finally close near day's high at 17,525 levels. Broader market too ended in green with gains of 0.4%. Baring PSU bank and IT all other sectors ended in green. Metals and Private Banks were top gainers - up more than 1% each.

Disclaimer

Greynium Information Technologies, the Author, and the respective Brokerage House 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.