Go for Dividend Stocks ; Embracing the Time-Tested Dividend-Payout Strategy Could Strengthen Your Portfolio's Performance.
Business Today › August 20, 2009
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Summary
When Ajit Raina was building his stock portfolio, a stable income was priority for the soon-to-retire marketing professional. So, the 57-year-old Vice-President with Unitech Power Transmission decided to back his income with regular dividends.
He stocked over 70 per cent of his equity holdings with consistent dividend-paying companies some with a high-dividend yield, other blue chips and consistent dividend payers for years like Reliance Industries, ICI (India), Novartis, Indo-Gulf Fertilisers, KEC International, and more.See the full content of this document
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Go for Dividend Stocks ; Embracing the Time-Tested Dividend-Payout Strategy Could Strengthen Your Portfolio's Performance.
"Dividend-paying companies have well-established cash flows and tend to be more stable, safer, and less volatile, he believes. "Besides giving an additional income of Rs 50,000 per year, these stocks have appreciated well. I will keep these stocks through my retirement, says Raina.
A dividend strategy isn't what investors usual...See the full content of this document
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