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Highest Dividend Paying Stocks: Dividend is an important factor as investors look at it as a source of income from investments. This is an attractive factor for new investors and a few years ago, when the stock market was not very technologically advanced, this used to be one of the top factors that even amateur investors considered before investing. This mindset changed as technology grew. But even now some people look for dividend stocks.

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What is Dividend?

Dividends are the share of profits a company gives to its shareholders when it makes a profit. The dividend yield is a financial ratio that shows how much dividend a company pays each year compared to its stock price.

These are the top dividend yield stocks in 2024 that have given the highest dividends (in percentage) relative to their stock price.

  • VST: 33.99 percent
  • Xchanging Solutions: 27.41 per cent
  • BPCL: 9.20 percent
  • Gujarat Toolroom: 8.01 percent
  • Hindustan Petroleum Corporation: 7.67 percent
  • Indian Oil Corporation: 6.93 percent
  • Shri Dinesh Mills : 6.56 percent
  • Vedanta: 6.5 percent

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