Dividend stocks, July 21 -- Investors are always on the lookout for stocks that can not only give them stellar returns but also regular income in the form of dividends. While the public sector (PSU) stocks have been in a massive run-up over the last few years, they are also well known for generously doling out dividends, sometimes with a yield higher than that offered by several government schemes and bank fixed deposits (FDs).

Additionally, most of the high-paying dividend stocks from the PSU space are also low-priced, and less than Rs.500, barring one.

Dividend yield shows the percentage of a company's share price that is paid out to shareholders yearly in the form of dividends. It is a crucial metric for those investors who are incom...