The current business scenario has posed challenges for both corporate as well as investors. Corporate earnings have slowed down in the last few quarters owing to various factors like slackness in demand and higher interest cost among other factors. Indian markets have trended down, in line with the global markets. Stock prices have declined significantly across the board and investor return has been muted. In the phase of falling stock prices, dividend yield strategy provides decent and assured returns.
Find below a selective list of TOP 30 companies that have a decent dividend yield history and also have not seen significant erosion in their profitability in the current challenging business environment. The dividends are paid no matter what direction the stocks move and can provide a higher yield on investment in a weak market.
|
Company Name |
Dividend Yield (%) |
M-Cap (Rs Cr) |
|
Graphite India |
13.73 |
330.15 |
|
Varun Ship. Co. |
12.24 |
612.75 |
|
S C I |
11.26 |
3197.05 |
|
HEG |
9.97 |
437.21 |
|
Tata Steel |
9.48 |
12335.84 |
|
Munjal Showa |
9.41 |
85.00 |
|
VST Inds. |
9.30 |
331.96 |
|
Andhra Bank |
9.28 |
2090.35 |
|
GE Shipping Co |
8.80 |
2594.85 |
|
Tata Elxsi |
8.77 |
248.89 |
|
Electrost.Cast. |
8.73 |
411.41 |
|
T N Newsprint |
8.44 |
368.89 |
|
West Coast Paper |
8.28 |
218.77 |
|
Karnataka Bank |
8.02 |
758.05 |
|
CCL Products |
8.02 |
82.93 |
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[...] (Continued from PART 1) Find below a selective list of TOP 30 companies that have a decent dividend yield history and also have not seen significant erosion in their profitability in the current challenging business environment. The dividends are paid no matter what direction the stocks move and can provide a higher yield on investment in a weak market. [...]