COMPANIES YIELD DIVIDEND CMP
2010 2011 2010 2011
Mangalam Cement 5.2 3.6 60 60 116
Hinduja Global 4.7 4.0 200 200 426
Diamines&Chemicals 5.2 3.0 60 20 76
Precision Wires 4.6 3.2 60 44 128
Auto Corp 4.2 0.4 150 10 341
Munjal Showa 4.1 3.1 125 100 62
Hinduja Ventures 3.9 2.9 125 100 334
Bharat Seats 3.9 3.2 40 30 21
Sona Koyo 3.8 1.4 65 30 17
ABC Bearing 3.8 3.3 60 45 156
Lancor 3.8 0.9 100 100 52
Apcotex 3.7 3.4 70 50 190
Sensex -1.1% returnSource ETIG Database
It is always noticed that the co that announces dividend outperforms the market ahead of the record date.If one is an investor an just looks for dividend paying cos fundamental check is a must.The cos which are cash rich tends to have a high dividend yield. Along with the capital appreciation in the stock price we see high dividends adds cherry to the cake. Cos which have huge cash surplus the cos which are small they need cash for further expansion only big players in the market can afford .
By - Nimit Jalan
This means that companies who declare high dividends may not always be a good bet. this is a gimmick used to move market setiments hecne one must research well before getting into such companies. This event mostly apply for mid cap and small cap companies!!
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