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Hefty payouts: 2021, a year of healthy dividend returns
TIWN
TIWN
PHOTO : TIWN
Mumbai, Nov 20 (TIWN) Apart from stellar rise in stock valuations as well as bumper IPOs, the year 2021, will be remembered for healthy payouts of dividends by some listed entities.
Accordingly, accelerated economic recovery, along with healthy demand and better margins enabled Aurum Proptech, Clariant Chemicals, Bharat Petroleum, Goodyear Tyre and Rubber Co, PNB Gilts, amongst others to give hefty dividends. "These companies have a common thing that they have consistently made good profits and are consistently getting good results and hence they have rewarded their shareholders with good dividends," said Vijay Dhanotiya, Lead of Technical Research, CapitalVia Global Research.
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