Coal India to ITC: 10 stocks to hedge against share price volatility

Equity markets have been volatile over the past year. At such times, investors can look at firms that pay generous dividends, which can become a second income

Equity dividend is the least appreciated aspect of investing in stocks, but a portfolio of high dividend paying companies is a great way to earn a steady stream of income.

Besides, this is over and above the capital appreciation that one gets from equities. If the portfolio is big enough, the annual dividend income can become a good source of passive or second income for the investor.

Dividend paying companies also tend to have a superior balance sheet and are most often more profitable and generate more cash flows from operations, compared with their peers that pay little or no