Share Market: We all are looking for dividend stocks. Paying dividends regularly shows a company has steady earnings and established business practices. For investors looking for consistent income, dividend stocks might be a popular option. In this video, we will discuss the two such stocks that you should consider including in your portfolio. The two PSU stocks are IRCTC and ONGC.
In May 2024, the company announced that it would give its shareholders a final dividend of around Rs. 4 per share, which will be given at a face value of Rs. 2. The record date for this dividend was given on August 23, 2024. So if you have IRCTC shares before August 23, then you will get a dividend of Rs. 4 per share. Similarly, ONGC also gave Rs. 2.5 per share to its shareholders. On August 23, the company announced its final dividend of Rs. 4 per share, for which the record date was set on August 23. Looking at the dividend history of ONGC, from August 2000 to now, the company has given a dividend of 58 times and the current price of ONGC has reached around 2.98%.