Top 20 Mid-Cap Dividend Stocks To Buy In India For 2024 | |
Introduction Dividend stocks are a preferred investment choice for those seeking steady income and long-term wealth creation. While large-cap stocks are often associated with stability, mid-cap dividend stocks have gained popularity for their potential to deliver higher returns alongside consistent dividend payouts. In this article, we explore the advantages of investing in mid-cap dividend stocks and highlight the top 20 options in India for 2024. Advantages of Investing in Mid-Cap Dividend Stocks:- ✔ Risk Diversification:- Mid-cap stocks help diversify your portfolio by reducing dependence on large-cap stocks, providing exposure to companies with room for growth. ✔ Higher Returns:- While large-cap stocks are known for stability, mid-cap stocks often outperform them in terms of growth and dividend yield, offering investors a dual advantage. List of the Top 20 Mid-Cap Dividend Stocks to Buy in India for 2024:- Here are some of the best mid-cap dividend stocks to consider for 2024, based on their financial performance, growth prospects, and dividend yields: ✔ State Bank of India (SBI):- A leading player in the banking and financial services sector, SBI has consistently delivered strong dividends, making it a top choice for investors. ✔ ICICI Bank:- Known for its financial strength and consistent dividends, ICICI Bank offers a dividend yield of approximately 3.65%. ✔ Tata Motors:- With a robust performance in the automobile sector, Tata Motors provides a dividend yield of 1.5%, coupled with growth potential. ✔ Tata Steel:- A prominent player in the steel industry, Tata Steel boasts a dividend yield of 3.3%, making it an attractive option for long-term investors. ✔ Axis Bank:- Axis Bank has demonstrated consistent profitability and offers a dividend yield of 1.1%, with potential for steady growth. Read more https://kundkundtc.com/blog/top-mid-cap-dividend-stocks-to-buy/ | |
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