What are the Five Best High Dividend Paying Stocks to Invest?

Published : 11 May 2023

- Oracle Financial Services Software Ltd provides financial software, custom application development, consulting, IT infrastructure management, and outsourced business processing services to the financial services industry. - Dividend yield: 6.55% | Dividend Payout ratio: 108%  | Dividend amount: Rs. 225 | Ex-date: 9th May 2023 (Interim)

- Sanofi India is engaged in the Business of manufacturing and sale of pharmaceutical products. - Dividend yield: 3.48% | Dividend Payout ratio: 211% | Dividend amount: Rs. 194 (final) and  Rs. 183 (special) | Ex-date: 28th April 2023 (Final)

- Bajaj Auto is a two-wheeler and three-wheeler manufacturing company - Dividend yield: 3.09% | Dividend Payout ratio: 65.4% | Dividend amount: Rs. 140 | Ex-date: 30th June 2023 (Final)

- Britannia Industries is one of Indias leading food companies  - Dividend yield: 1.57% |   Dividend Payout ratio: 74.7% |  Dividend amount: Rs. 72

- Housing Development Finance Corporation Limited is an Indian financial services company - Dividend yield: 1.60% | Dividend Payout ratio: 30.9% | Dividend amount: Rs. 44 | Ex-date: 16th May 2023 (Interim)