What are some reliable investments with steady returns?
I own some stocks in security tech companies but the returns are sporadic at best. I need something that has solid return rates. Plus i hate jumping through hoops for my money.
Thank you very much for raising a very important and useful issue through your question.
As far as dividend returns are concerned there are three vital factors to be considered as follows:
- Percentage of net profits distributed as dividends by the company as a policy - good companies distribute 25–30%
- Dividend Yield - or simply the rate of dividend on your investment and
- Uninterrupted Dividend paying track-record of the company - you have hit the nail on its head when you mentioned sporadic - after all, dividends are the wages of an investor
Here I present 10 good and regular dividend-paying companies:
|Sl.No.||Company||% of Net profits Distributed as Dividends||Dividend Yield||Uninturrpted dividend paying track-record||Download Investment Research Report|
|1||NMDC Ltd.||25-144%||10.78%||23 years||NMDC Ltd.|
|2||Larsen & Tubro Infotech Ltd.||54-62%||5.25%||--||L&T Infotech Ltd.|
|3||Rural Electrification Corporation Ltd.||20-30%||12.86%||19 years||Rural Electrification Corporation|
|4||Power Finance Corporation||20-30%||11.12%||10 years||Power Finance Corporation|
|5||National Aluminum Company Limited||30-70%||3.85%||18 years||National Aluminium Company Ltd. (NALCO)|
|6||Hindustan Zinc Limited||18-22%||1.61%||19 years||Hindustan Zinc Ltd. (HZL)|
|7||SJVN Ltd.||25-37%||3.44%||7 years||--|
|8||MOIL Ltd.||20-48%||1.38%||6 years||--|
|9||ONGC Ltd.||33-45%||2.98%||18 years||--|
|10||Great Eastern Shipping Co. Ltd.||33-78%||3.81%||20 years||--|