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|
Price as on 28th June 2017 |
Dividend % (March-2016) |
Last 5 year Average |
As on 28th June 2017 |
Last Price (Rs.) |
Latest |
Dividend Yield % |
Dividend Yield % |
|
Div % |
Avg last 5 year |
Current |
||
124.4 |
139 |
7.25 |
11.17 |
|
245.75 |
274 |
8.25 |
11.15 |
|
106.6 |
1,100.00 |
7.46 |
10.32 |
|
171.7 |
171 |
6.18 |
9.96 |
Source: Money Control
The above are the list of few companies specially PSU giving 10% or more dividend yield as on today’s price. Some of them have been giving dividends in this ratio consistently, we understand that in the last year there was higher dividend payout but if you see the 5 years average they have given more than Bank FD interest rate.
I am not recommending these stocks but it’s worth look at the statistics and looking forwards for your comment why you should and should not buy these scripts.
PSUs have always been available at lower valuations because of government interventions and various other factors. Dividend yield is always a criterion for the investors, if one thinks that these companies will be able to deliver dividend at last 5 year’s average rate, it is worth a consideration.