Unlock Passive Income Potential with April’s Top Dividend Stocks!

April is a great time for dividend-oriented investors with plenty of companies announcing sizeable payouts. Following are three of the best bets for the month:

 

#1 CRISIL

CRISIL, India's top rating agency, has announced a final dividend of ₹26 per share (2,600%) for FY24. The record date is April 14, 2025. With its history of consistent dividends, CRISIL has been showering investors with periodic payouts. Its strong financials and diversified revenue streams make it a solid bet for passive income investors.

 

#2 Schaeffler India

Schaeffler India, a leader in motion technology, has declared a final dividend of ₹28 per share for FY24, with a record date on April 23, 2025. With a history of over six decades in India and specialization in renewable energy and mobility solutions, the company has a consistent dividend history and stable growth prospects.

 

#3 Sanofi India

Sanofi India has announced a whopping final dividend of ₹117 per share (1,170%) for FY24. The record date is April 25, 2025. With Sanofi India being one of the highest dividend-paying healthcare stocks, the company pairs its strong market presence with regular shareholder reward. Its portfolio of diversified pharmaceuticals adds even more to its attractiveness to long-term investors.

 

These stocks provide a mix of high dividend yield and stability and thus are the best picks for dividend investment portfolios.

 

Source: Financial Express