Dividends may work well for some but not for me. I’d rather invest in companies that return cash in the form of buyback which doesn’t attract this much tax.
For Companies that pay hefty dividends, the stock price falls more than the dividend amount on the day after ex record date.
Disc:
Paid a lot of taxes for dividends received from Vedanta. Will be gifting those shares to my wife who doesn’t have any income.
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