Investing in high-dividend yield stocks could be a good strategy: Expert

Here are the stocks in focus this dividend season

Corporate India has started announcing results and final dividend for the financial year ended 2018-19. During this period, the focus usually shifts to high-dividend yielding stocks. There are about three dozen stocks in the top-500 universe that offer dividend yields of over 3 per cent as compared to the Nifty’s dividend yield of 1.3 per cent.

Among the top 15 stocks in terms of dividend yield, only three are from the private sector. State-owned companies National Aluminum Company (Nalco), SJVN and Indian Oil have dividend yields of more than seven per cent – a threshold considered superior as it