Here are 10 high dividend-paying stocks from the universe of BSE500 index

The equity market appreciates high dividend paying companies and these companies share prices appreciate at a steady rate providing capital appreciation to their investors well

When it comes to investing money in equities, investors are largely focussed on maximising capital returns on their investment. But equity dividend is an equally important component of the overall gains from equities. Most of the large and well-managed companies pay equities dividend year after year and a well-constructed portfolio of high dividend-paying companies can become a good source of recurring income for the investor. Equity dividend payout by companies keeps pace with the growth in their earnings and it even grows faster than their earnings growth during the boom times.

For example, in the last three