I was very much passive investor over the years and things have not changed. So over the years I decided to make the investment into the stocks that deliver the dividends. And over a period of time this has made my portfolio lot stronger.
I have the stock portfolio which has 100 or so stocks of most of the dividend companies. These companies would bring you good dividend but they are mostly once a year dividend giving. This has made the company stronger as they get more stock investors.
So I have chosen only those so far.
They are one of the popular and known for their regular dividends and also they give very high amount too. They are now promoters of the hindustan zinc and they seem to be offering the dividend there too. I have kept both of them for the dividend. I hope to increase stakes there.
So the reason I feel coal India is good that some of the time they come up with multiple dividends and also they have given the dividend on time where you would have to consider it's not easy to get the dividends. I am keeping them in the stock portfolio for more than 1 year or so.
These two stocks are in my bag and they seem to be performing very well. I know there are people who seem to be investing into the minerals and the steel stocks. And though the dividend is not that high but they seem to be getting a good amount. I have kept them for that reason. I hope to continue adding such PSU stocks for same reason.
For now these are the dividend giving in the higher range in my basket. I have to find out other stocks which have the highest yield but I wish to diversify and hopefully things check out and it just works from that point onwards. I have to keep an eye on the stock recommendations and hope some stocks just go up.
