A dividend is a share of profits and retained earnings that a company pays out to its shareholders. According to StockEdge data, 10 stocks have been paying consistent dividends to their investors, with payouts made up to 64 times since 2011.
Tamilnad Mercantile Bank reported a 35% year-on-year rise in June quarter net profit to Rs 412 crore, driven by higher income and net interest income.
Seven BSE 150 MidCap stocks scaled fresh 52-week highs as Sensex surged 776 points in a broad-based rally. Lloyds Metals & Energy, Laurus Labs and
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