Are there any stocks which pay dividends higher than FD rate?
As we all are aware the interest rates in India has been ever decreasing. This is because, India is a developing nation. Developing nation requires huge investments from both public sector as well as private sector. More investment by companies means more borrowing, and more borrowing requires monetary policy which look attractive to these companies. Hence, as we move from being a Developing Nation to being a Developed Nation, we are also seeing reduction of interest rates overall. Hence as per previous trends, we see a surge in investments in various sectors when the interest rates are low. As an end user, what does it mean for us? - The interest rate on Bank FD will also reduce. Currently, the FD returns are around 5 to 5.5% only and RBI is set to cut the rate further in the coming years. So is there an alternative to this? In this article, we are are going to cover few companies which give good dividends - more than the returns of FD and are government companies. Sounds great? ...