Good day sir,
This is Sid,
I need information on best dividend earning stocks. How much to diversify in it. My corpus is 50K to fix, need monthly income.
Ans: Hi Sid,
This will all depend on how much income you want, there are several companies who pay good dividend but there yield changes. The best ones are PSU's companies like Coal India, PFC, NTPC, REC, Hindzinc to name few, now you need to do reverse calculation on how much monthly income you need.
Disclaimer: Investments in securities are subject to market RISKS. Read all the related documents carefully before investing. Please consult your appointed/paid financial adviser before taking any decision. The securities quoted are for illustration only and are not recommendatory. Registration granted by SEBI, membership of BASL and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.