4 min read.Updated: 20 Jan 2022, 01:11 AM ISTNeil Borate
As per the latest factsheet, Nifty Dividend Opportunities Index has a dividend yield of 3.17%
For investors who are looking at retirement or financial independence, living off dividends for the rest of their lives is an interesting idea to explore. In this piece, Mint looks at how feasible this financial independence strategy is. Dividends are a portion of earnings that companies choose to distribute to their shareholders, rather than reinvest in the business. Companies can also return money through buybacks but this is not as frequently used as dividends.