Dividend is basically a safe heaven, but also we need to know how will the company make profits in order to make the dividends also is therr any exapnsion plan in place , in case there is then the money would be diverted there.
Also its better to check the past history of dividend payouts of the pat few years.
overlal as explained above by fellow boardsrs, in case one is worried and want to bve in a relatively safe haven , then FD would be a better place or start an SIP in the companies that you have an opinion that will grow
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