Last Updated : Jan 29 2013 | 12:29 AM IST
| 04-May | 05-Jun | 06-Jul |
| Varun Shipping | 6.72 | 30 | 45 | 45 |
| Kanoria Chem | 6.04 | 30 | 30 | 30 |
| Ador Fontech | 5.21 | 35 | 40 | 50 |
| JBM Auto | 5.1 | 15 | 20 | 20 |
| Jetking Infotrain | 5.09 | 80 | 50 | 140 |
| ICI (India) | 4.71 | 55 | 60 | 270 |
| Hawkins Cookers | 4.55 | 30 | 50 | 70 |
| Tata Metaliks | 4.46 | 60 | 60 | 60 |
| Gabriel India | 4.24 | 70 | 70 | 70 |
| National Peroxide | 4.2 | 70 | 60 | 70 |
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| However, a different approach to the stock market can increase returns on a stock. This brings us to high dividend-yield stocks. Such stocks give high dividends and the capital value increases when the markets turn around.
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| Historically, such stocks are the best performers in a stable market. And, when these stocks are battered during market fall, the value of dividend only increases due to their lower market price.
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| To pick such stocks, you need to look at the dividend-yields of companies. Calculating dividend-yield is simple. Just divide dividend per share by the current market price and multiply it by 100. So, if the market price of a stock is Rs 100 and the dividend paid is Rs 10, the dividend yield will be 10 per cent (10/100 X 100).
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There are 310 companies whose stocks are currently available at dividend-yield higher than the interest of 3.5 per cent that an investor receives in a bank
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First Published: Mar 30 2008 | 12:00 AM IST