Dividend Paying Stocks Under ₹150 That Give Dividend 3-4 Times A Year

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Dividend Paying Stocks Under ₹150

Dividend Paying Stocks Under ₹150: Many investors look for good dividend paying stocks that helps to build a passive source of income from the stock market. At the same time, their investment in the dividend paying stocks also grows by the time as company earns profits.

In this post, we will share 6 top dividend-paying stocks available for less than ₹150 per share. These affordable stocks present an excellent opportunity for investors with a limited budget, as they offer the potential for consistent dividends.

6 Dividend Paying Stocks Under ₹150

Just in case if you don’t know, Dividends are a portion of a company’s profits distributed to shareholders which builds an income stream for investors.

1. NALCO – CMP 94.75

NALCO - CMP 94.75

The stock is currently trading at a price of around 95 which is even less then ₹100. The last dividend issued by this company was 5.25%.

2. INDIAN RAILWAY FIN CORP LTD – CMP 46.50

INDIAN RAILWAY FIN CORP LTD - CMP 46.50

Indian Railways Finance Corporation Limited is currently trading at a price of around ₹46. This stock gave a dividend of 3.77% last Year.

3. INDIAN OIL CORP – CMP 93.50

INDIAN OIL CORP - CMP 93.50

Indian Rail Corporation Limited is currently trading at a price of around ₹94. This stock gave a dividend of 3.20% last Year.

4. SAIL – CMP 93.65

SAIL - CMP 93.65

Steel Authority of India Ltd. is a prominent player in the steel industry, specialized in the manufacturing and sale of steel and various steel products. The stock is currently trading at a price of around ₹94. This stock gave a dividend of 1.61% last Year.

As an essential part of India’s industrial landscape, Steel Authority of India Ltd. plays a vital role in the nation’s development and growth.

5. TRIDENT LTD – CMP 32.20

TRIDENT LTD - CMP 32.20

Trident Ltd. is involved in the making, marketing, and distribution of yarn, terry towels, paper, and chemicals.

Currently, this stock is trading at a price of around 32 rupees and the company gave a dividend of 1.12% last Year.

6. GAIL – CMP 115.40

GAIL - CMP 115.40

The company have strong dominance in its sector and deals in the exploration, production, processing, transmission, distribution, and marketing of natural gas.

GAIL Stock Price is currently trading at a price of around ₹115. This stock gave a dividend of 4.01% in last Year.

Conclusion

At last I would like to say, don’t just read and forget this post, these stocks are real gem of Indian Stock Market if you are looking for Dividend Income from Investment. Do your research and start early. Also You can read this post on 15x15x15 Formula To Be Financially Free & Retire Before Age 40.

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Kamaljeet Singh is the founder of tradersingh.com and has 5 years of experience in the financial markets. He aims to make trading and investing easy to understand for everybody and has been featured on Business Insider, Investors Business Daily, Newsweek, GOBankingRates, capital.com, investing.com and other major publications.
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