Top Dividend Paying Companies in FY23 Dividends are the part of a company’s profits that are given to its shareholders. Dividends can provide a regular income and a sign of a company’s financial health. However, investors need to look at other factors such as earnings growth, payout ratio, dividend history, and industry outlook. In this blog post, we will look at some of the top dividend paying companies in India for FY23, based on their dividend announcements as of July 2023. These companies have paid out high dividends, while also doing well in their businesses. We will also discuss why they paid high dividends and what are their future plans. TCS TCS is the largest IT services company in India and one of the leading global players. TCS provides various services such as consulting, digital transformation, cloud computing, analytics, artificial intelligence, and cybersecurity. TCS paid a total dividend of Rs 42,090 crore in FY23, which is 4.2% of its share price of Rs 3,15...