Rs 1 Lakh Income per Month: Learn How These High Dividend Paying Stocks Could Have Helped You Achieve It!
How Investing in High Dividend Yield Stocks Can Help You Earn Rs 1 Lakh per Month
Do you want to earn a steady stream of income from your investments? Look no further than high-dividend yield stocks, a favorite of successful investors like Kevin O'Leary from Shark Tank. O'Leary's mother taught him to never spend the principal, only the interest, which inspired him to invest in stocks that pay regular dividends.
And it's no wonder why - some high-dividend yield stocks can even provide a monthly income of Rs 1,00,000 or more for long-term investors. With their attractive combination of regular income and potential capital appreciation, these stocks have become a hot topic in the investment world.
But which high-dividend yield stocks should you invest in to earn that desired income? We've got you covered with a list of stocks that have helped investors achieve this feat, provided they held the number of shares mentioned in the table below. Just remember that this is not a recommendation, and investing always carries risks.
Stock Name
|
TTM Dividend Yield in %
|
Income from Dividend in Rs per month
|
CMP
|
Shares Needed
|
Vedanta
|
37
|
100000
|
276
|
11820
|
Hindustan Zinc
|
24
|
100000
|
320
|
15900
|
RSWM
|
15
|
100000
|
169.65
|
48000
|