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2023's top 5 dividend gems: Multibagger micro-cap with a remarkable 2400 per cent dividend payout ratio!

In this article, we undertake top 5 dividend stocks by dividend yield and dividend payout ratio stating importance of dividend stocks.

Prajwal Wakhare 0 7650 Article rating: 3.5

A dividend is a distribution of a portion of a company's earnings to its shareholders. Dividends are typically paid out quarterly, but can also be paid annually or semi-annually. Not all companies pay dividends, but those that do typically do so because they have a steady stream of cash flow and are profitable.

10,375 per cent returns: This multibagger hardware & glass fitting company reports positive Q2FY24 and H1FY24 results after bonus shares & stock split!

The stock gave multibagger returns of 815 per cent in just 2 years, 2,350 per cent in 3 years & a whopping 10,375 per cent in 3 years.

Kiran Shroff 0 15156 Article rating: 3.9

The stock gave multibagger returns of 815 per cent in just 2 years, 2,350 per cent in 3 years & a whopping 10,375 per cent in 3 years.

Rs 185 million order book: FIIs-backed recently listed micro-cap IT stock reports turnaround story from net loss to net profit; do you own it?

The shares of the company have an ROE of 31.7 per cent and an ROCE of 41 per cent.

Kiran Shroff 0 9066 Article rating: 3.9

The shares of the company have an ROE of 31.7 per cent and an ROCE of 41 per cent.

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