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

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 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.

Small-cap seed producer reports 250 per cent jump in profits, declares Rs 5 interim dividend!
Small-cap seed producer reports 250 per cent jump in profits, declares Rs 5 interim dividend!

Small-cap seed producer reports 250 per cent jump in profits, declares Rs 5 interim dividend!

The company’s board has approved an interim dividend of Rs 5 per equity share.

Aniket Gogate Article rating: 3.9

The Kaveri Seed Company Ltd.’s board has approved the payment of an interim dividend of Rs 5 per equity share. The dividend will be paid on or before November 30, 2023, and the Record date is set to be on November 20, 2023.

600 per cent returns: This multibagger telecom manufacturing company deepens partnership with Windstream and declares stellar dividend!
600 per cent returns: This multibagger telecom manufacturing company deepens partnership with Windstream and declares stellar dividend!

600 per cent returns: This multibagger telecom manufacturing company deepens partnership with Windstream and declares stellar dividend!

The company reported excellent numbers in its quarterly results and annual results and has been maintaining a healthy dividend payout of 29.80 per cent.

Kiran Shroff Article rating: 3.7

The collaboration began in February 2021, when STL began providing Optical Networking Solutions to Windstream. Building upon this foundation, STL has expanded its offering set to provide advanced optical designs, such as high-fiber count Intelligently Bonded Ribbon and Flat ribbon, in addition to its loose tube optical cables.

220 per cent interim dividend announced- Don't miss out on the action in this stock!
220 per cent interim dividend announced- Don't miss out on the action in this stock!

220 per cent interim dividend announced- Don't miss out on the action in this stock!

In fact, the volume of shares traded on NSE exceeded 17 lakh, making it one of the highest single-day volumes since November 2022.  

Karan Dsij Article rating: 4.0

It is currently trading above its 20-day moving average (20-DMA). This is an encouraging sign for investors, as it suggests that the stock is in an upward trend. Furthermore, the 20-DMA itself is in a rising trajectory, which is a strong technical indicator

Low PE high ROE multibagger stock: This construction company receives a project worth Rs 252.21 crore and declares dividend!
Low PE high ROE multibagger stock: This construction company receives a project worth Rs 252.21 crore and declares dividend!

Low PE high ROE multibagger stock: This construction company receives a project worth Rs 252.21 crore and declares dividend!

The stock has a PE of 10.41x and an ROE of 21.02 per cent with multibagger returns of 126.71 per cent.

Kiran Shroff Article rating: 4.0

The stock has a PE of 10.41x and an ROE of 21.02 per cent with multibagger returns of 126.71 per cent.

Multibagger PSU stock declares a whopping 200 per cent interim dividend; find out the record date now!
Multibagger PSU stock declares a whopping 200 per cent interim dividend; find out the record date now!

Multibagger PSU stock declares a whopping 200 per cent interim dividend; find out the record date now!

The stock has outperformed the BSE500 and Sensex in the last one year as well in the short term

Karan Dsij Article rating: 4.0

During high volatility periods, dividend-paying stocks can be a wise investment choice. While stock prices may fluctuate wildly during these times, dividend payments can provide a stable source of income.

Multibagger in just 1 month: Don’t miss action in this stock that has announced bonus shares and dividend!
Multibagger in just 1 month: Don’t miss action in this stock that has announced bonus shares and dividend!

Multibagger in just 1 month: Don’t miss action in this stock that has announced bonus shares and dividend!

The stock gave multibagger returns of 111.60 per cent in just 1 month whereas BSE Small-cap Index rose by only 0.16 per cent.

Kiran Shroff Article rating: 4.0

The stock gave multibagger returns of 111.60 per cent in just 1 month whereas BSE Small-cap Index rose by only 0.16 per cent.

Don’t miss action in this stock which declared 1000 per cent interim dividend!
Don’t miss action in this stock which declared 1000 per cent interim dividend!

Don’t miss action in this stock which declared 1000 per cent interim dividend!

It supplies complete foundry systems, with molding machines, sand mixers with combination of sand plant equipment, surface preparation machines and environmental control systems across the country

Bhavya Rathod Article rating: 3.6

The said Interim dividend will be paid on or before March 10, 2023, within 30 days from the date of declaration.  

Dividend Champion Small-Cap stock: This consistent dividend paying stock has announced yet another massive dividend; know the record date!
Dividend Champion Small-Cap stock: This consistent dividend paying stock has announced yet another massive dividend; know the record date!

Dividend Champion Small-Cap stock: This consistent dividend paying stock has announced yet another massive dividend; know the record date!

For the quarter ended December 2022, net sales stood at Rs 112.13 crore as against Rs 87.21 crore in the same quarter last year.

Karan Dsij Article rating: 4.0

Dividend-paying stocks can deliver fantastic long-term returns but finding the right stock is crucial to your success as an investor.  

Multi-bagger Update: Back-to-back upper circuit seen in this stock trading at a fresh 52 week high
Multi-bagger Update: Back-to-back upper circuit seen in this stock trading at a fresh 52 week high

Multi-bagger Update: Back-to-back upper circuit seen in this stock trading at a fresh 52 week high

The stock has given multi-bagger returns of 120 per cent in just 1 month whereas BSE Sensex is up by 1.2 per cent in 1 month.

Kiran Shroff Article rating: 4.3

Over the last few trading sessions, the stock has made a series of the upper circuit and 52-week highs. As a result of recent vigorous trading activity and dividend payout, the company's stock price has risen dramatically today. 

Multi-bagger in just 1 month: Investors should keep an eye on this stock as the special dividend payment approaches!
Multi-bagger in just 1 month: Investors should keep an eye on this stock as the special dividend payment approaches!

Multi-bagger in just 1 month: Investors should keep an eye on this stock as the special dividend payment approaches!

The stock has given multi-bagger returns of 109.04 per cent in just 1 month whereas BSE Sensex is up by 0.81 per cent in 1 month.

Kiran Shroff Article rating: 4.0

As a result of recent vigorous trading activity, dividend payout and an increase in the volume of more than 3.72 times on the BSE today, the company's stock price has risen dramatically today.

DSIJ MINDSHARE

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