Dividend Stocks To Buy For Regular Income

It is always a favourable idea to buy dividend stocks a part of your portfolio. This is particularly, if there is a standard dividend payout at least 2-3 time a year.

There are numerous stocks that pay regular dividends. Through constant market research, you can find the stocks that pay regular dividends. However, here are some stocks that were found for dividend distribution. They are Meghmani Organics, SREI Infrastructure Finance Kotak Mahindra Bank.

Meghmani Organics Ltd: The company’s board (BoD) at its meeting, Friday, 8-Macrch has declared Interim Dividend at the rate of 60percent that is equals to 0.60paise on 2,54,314,211 Equity Shares of Rs1.00each.

Share price Today: On market closing, shares of Meghmani Organics Ltd closed at Rs61.45per share, down 1.36percenet on the NSE.

SREI Infrastructure Finance Ltd: The BoD of the company has today considered and declared an Interim Dividend of 5% that is equal to Re. 0.50per equity share of Rs10.00 each fully paid up of the Co.

Share price of SREI Infrastructure Finance Ltd closed at Rs31.85per share, up 4.08percent on the NSE on closing.

Kotak Mahindra Bank Ltd: A meeting of the BoD of the bank is scheduled on 14 March 2019 to consider and approve the dividend declaration and distribution on 8.10% Non-Convertible Perpetual Non-Cumulative Preference Shares of face value of Rs.5 each as per their term of issue.

Share price of Kotak Mahindra Bank closed today at Rs1238per share, up 0.06percnet or Rs0.80paise.

The Sensex closed at 36671.43 down 54points and Nifty at 11035.40 down 22.80points on Friday.

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