Introduction
When it comes to investing in stocks, one of the most popular and potentially lucrative choices is investing in dividend stocks. Dividend stocks are stocks that offer a steady income from regular dividend payments. While some investors opt for large-cap stocks, mid-cap stocks are also gaining popularity due to their potential for higher returns.
Advantages of Investing in Top Mid-Cap Dividend Stocks:-
Mid-cap dividend stocks offer investors a great way to diversify their portfolios and gain access to higher returns than large-cap stocks. Here, we’ll discuss the advantages of investing in mid-cap dividend stocks.
✔ Risk Diversification
✔ Higher Returns
List of the Top 20 Mid-Cap Dividend Stocks to Buy in India for 2024:-
✔ State Bank of India (SBI) is a major player in the banking and financial services sector and is one of the top mid-cap dividend stocks.
✔ ICICI Bank is also a prominent mid-cap dividend stock. It has paid regular dividends for years and the dividend yield is currently at 3.65%.
✔ Tata Motors is another mid-cap dividend stock to consider. This stock has been performing well and offers investors a dividend yield of 1.5%.
✔ Tata Steel is another great option for investors looking for mid-cap dividend stocks. This stock has a dividend yield of 3.3% and is expected to remain profitable in the coming years.
✔ Axis Bank is another mid-cap dividend stock to consider. This stock has a dividend yield of 1.1% and is expected to remain profitable in the long run.
✔ HDFC Bank is also a great mid-cap dividend stock to consider. This stock has been performing well and offers investors a dividend yield of 0.7%.
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