Sunday, July 12, 2009


Dividend Yield Stocks
Company Name
Ex-Date
Dividend (Rs)
CMP Rs (10Jul09)
Div Yield (%)
KARUR VYSYA BANK
14-Jul-2009
12
287
4.18
TATA CHEM
14-Jul-2009
9
200
4.50
CHEVIOT COMPANY
16-Jul-2009
6
157
3.82
GIC HOUSING FIN
16-Jul-2009
4
78
5.13
HYDERABAD IND
16-Jul-2009
10
236
4.24
NIIT TECH
17-Jul-2009
6.5
96
6.77
JK CEM
20-Jul-2009
3.5
101
3.47
HAWKINS COOKERS
22-Jul-2009
20
323
6.19
ORIENT PAPER
24-Aug-2009
1.5
46
3.26
HEG
8-Sep-2009
6.5
195
3.33
In these corrective times, one has to find good investment picks which can give steady returns over a long term even if capital gains are not available because of broader market weakness. So I am giving some high dividend yield stocks which will go Ex-Dividend in next 2 months, all companies may not be very strong fundamentally but companies like TATA CHEM, NIIT TECH, GIC HSG, JK CEM, HEG have proved to be growing in the past with strong management backing. One can think of buying these stocks as a long-term investment and for dividend-stripping. More on some of these stocks in a later post, keep coming back to this place!

5 comments:

ekamber said...

dear tanmay ji
As is normal with your posts, this one is also good. I have been following your picks did some paper trades, initially, later real trades and am making good money.
Thnak you
with regards
ekamber

shiachin said...

Usual quality post Tanmay. But I feel some of the other good scripts missing from the list... chennai petro, varun shipping, first leasing are few of those.

Keep up the good work buddy

శరత్ చంద్ర said...

Thanks a lot for sharing your research. Very useful

One quick observation: ANDHRABANK also offers pretty decent dividend yield (4% +). Can you please validate/review this one as well?

zain khan said...

chambal fertilizer, camphor and allied, vst tiller, RCF
above companies also comes same catagory

Tanmay Gopal, CFA said...

Thanks for comments and giving more stocks on high dividend yield basis. I selected those which go ex-dividend in next month or so.