Looking for cash-rich companies with big dividends? Check this out!

Here are the top five companies with good cash reserves and a low debt-to-equity ratio.

Volatility has surrounded the Indian stock markets from all sides and there are no signs of it abating in the upcoming sessions as the countdown to the Union Budget begins, along with the US Fed meeting. So, these important events are likely to act as a fire in the fuel in terms of volatility.

With the market gripped by uncertainty, market participants tend to take the flight to safety and hence, demand for stocks which have cash reserves surges. There is a perception that these companies tend to provide good dividends, however, one needs to check their debt level as well.

Historical data shows that stocks with high dividend yields tend to outperform other stocks when the market witnesses high volatility.

So basically, if a company's debt-to-equity ratio falls in the comfort zone and the company does not require the cash reserve for capex or any other requirement in this case, these companies look to reward their shareholders. Hence, we are sharing the top five companies which have good cash reserves, plus the debt-to-equity ratio is on the lower side.

Here is the list of the top five cash-rich companies with debt to equity less than 0.5:

Do you hold any of the above stocks?