The Finance Ministry has implemented a stringent dividend policy for Central Public Sector Enterprises (CPSEs). Furthermore, the policy mandates CPSEs to pay an annual dividend of 30% of Profit After Tax (PAT) or 30% of government equity, whichever is higher. Initially, the Department of Expenditure established a 20% dividend policy in 2004. Subsequently, the government … Continue reading Dividend stocks that come under new CPSE guidelines of Min 30% dividend payout