Dividend investing is less about chasing the highest yield and more about owning stocks that consistently generate cash and steadily grow their payouts.
Add in a bit of stability, safety, and diversification, and you've got the makings of a solid dividend portfolio.
That's why so many investors, whether just starting out or well-experienced, turn to dividends as a way to build steady income.
The beauty of this approach is that payouts from strong, established companies can create a dependable cash flow-sometimes even enough to replace other income sources over time.
Of course, picking the right dividend stocks can be tricky. If you're looking for payouts next month, here are three names to keep an eye on.
First on the list is Accelya Solutions.
The company recently announced a final dividend of Rs 40 per share for FY25. The record date for the same is 24 October 2025.
This takes the total dividend payout for the year to Rs 90 per share. Earlier, this year, the company paid an interim dividend of Rs 50.
The company has a strong track record of rewarding shareholders, with dividends.
| Jun-20 | Jun-21 | Jun-22 | Jun-23 | Jun-24 | |
|---|---|---|---|---|---|
| Dividend per share (Adj.) (Rs) | 10.0 | 52.0 | 62.0 | 65.0 | 65.0 |
| Dividend payout ratio (%) | 17.2 | 183.9 | 121.5 | 76.6 | 103.4 |
| Dividend Yield (%) | 1.1 | 4.5 | 7.0 | 4.9 | 3.8 |
Looking at the long-term picture, Accelya Solutions has maintained an average dividend payout ratio of 100.5% over the past five years. The company has declared 32 dividends since 2002.
Accelya is a leading global software provider for the airline industry, serving over 200 airlines with an open, modular software platform that enables innovative airlines to be in control of their retailing.
Going forward, the company is focused on expanding its footprint in emerging markets while strengthening its presence in established regions.
Further, it's looking to enhance collaborations to deliver integrated solutions.
For more details, see the Accelya Solutions company fact sheet and quarterly results.
Next on the list is Glenmark Pharma.
In an exchange filing, Glenmark Pharmaceuticals said that the board has recommended an interim dividend of 250% or Rs 2.5 per share of Re 1 face value.
The record date for the same is 3 October 2025.
This marks Glenmark Pharmaceuticals' first interim dividend announcement, following five consecutive final dividends declared in 2021, 2022, 2023, 2024, and 2025.
| Mar-21 | Mar-22 | Mar-23 | Mar-24 | Mar-25 | |
|---|---|---|---|---|---|
| Dividend per share (Adj.) * (Rs) | 2.5 | 2.5 | 2.5 | 2.5 | 2.5 |
| Dividend payout ratio (%) | 7.3 | 7.1 | - | - | 6.7 |
| Dividend Yield (%) | 0.5 | 0.6 | 0.5 | 0.3 | 0.2 |
In the past 12 months, the company has announced an equity dividend of Rs 2.5 per share.
The company has declared 26 dividends since 2001.
Glenmark Pharma is involved in the discovery of new molecules, NCEs (new chemical entity) and NBEs (new biological entity). It develops pharmaceutical product formulation and active pharmaceutical ingredients in regulated and semi-regulated markets.
Its API business sells products in over 80 countries, including the US, various countries in the EU, and South America.
Going forward, the company aims to broaden its offerings.
For more details, see the GLENMARK PHARMA company fact sheet and quarterly results.
Next on the list is Rashtriya Chemicals and Fertilizers (RCF).
The board of the company declared a final dividend of 13.2% or Rs 1.32 per share of Rs 10 face value.
The company has fixed 10 October 2025 as the record date for the same.
| Mar-21 | Mar-22 | Mar-23 | Mar-24 | Mar-25 | |
|---|---|---|---|---|---|
| Dividend per share (Adj.) * (Rs) | 2.9 | 3.9 | 5.3 | 1.2 | 1.3 |
| Dividend payout ratio (%) | 42.8 | 30.2 | 30.3 | 30.4 | 30.0 |
| Dividend Yield (%) | 3.8 | 4.3 | 5.6 | 1.0 | 1.1 |
Over the past five years, RCF's average dividend payout stands at 30%.
The company has declared 25 dividends since 2004.
Rashtriya Chemicals and Fertilizers is a leading manufacturer of fertilizers and chemicals, with around 75% of its equity held by the Government of India. The company was granted the coveted "Navratna" status in August 2023.
For more details, see the RCF company fact sheet and quarterly results.
Last on the list is Tata Consultancy Services (TCS).
In an exchange filing, TCS said its board will meet on 9th October to declare an interim dividend.
The IT major has fixed 15 October 2025 as the record date for the same.
The board will also approve the company's quarterly and half-yearly financial results for the period ending 30 September 2025.
In July 2025, the company paid interim dividend of Rs 11 per share.
In January this year, the company paid a Rs 10 interim dividend and a Rs 66 special dividend.
TCS has maintained a consistent track record of paying dividends to its shareholders.
| Mar-21 | Mar-22 | Mar-23 | Mar-24 | Mar-25 | |
|---|---|---|---|---|---|
| Dividend per share (Adj.) * (Rs) | 38.9 | 43.5 | 116.3 | 73.0 | 126.0 |
| Dividend payout ratio (%) | 43.2 | 40.9 | 99.5 | 57.3 | 93.4 |
| Dividend Yield (%) | 1.2 | 1.2 | 3.6 | 1.9 | 3.5 |
The five-year average dividend payout ratio stands at 66.86%.
The company has declared 19 dividends since 2004.
TCS is a leading global IT services consulting and business solutions company. It's the largest IT company in India by marketcap, with a presence in 55 countries.
The company has declared 89 dividends since 2004.
For more details, see the TCS company fact sheet and quarterly results.
With more companies gearing up to pay dividends in October 2025, it's a great time to look beyond just the payout amounts and understand the businesses behind them.
A regular dividend is a good sign, it often means the company is doing well and values its shareholders.
But it's just as important to make sure the business is strong, stable, and has room to grow.
If you're investing for the long run, picking the right dividend stocks can give you a nice mix of steady income and confidence in your investments.
If you want to dig deeper, use Equitymaster's stock screener to check high dividend yield stocks and the best dividend stocks to buy.
Disclaimer: This article is for information purposes only. It is not a stock recommendation and should not be treated as such. Learn more about our recommendation services here...
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