Dividend Paying Stocks 2024 | Page 2

A dividend is a corporate action event wherein a company distributes its profit/earnings amongst the existing shareholders. Dividend is paid in cash to the shareholders holding the stock of the company as on record date. A dividend can be interim, final or special.

Dividend declaration is based on the company's financial performance and is not guaranteed. A company can choose to increase, reduce, initiate or stop paying dividend based on their financial situation or business strategy. Investors should evaluate the dividend paying stocks based on their investment goal, company's dividend paying history, financial health and future prospects.