5 stocks with a dividend yield of more than 7% (source:Screener.In) :
- Timken India Ltd:11.98%
- Clariant Chemicals (India) Ltd: 11.01%
- UCO Bank: 7.67%
- Gujarat Gas Company Ltd: 7.57%
- SRF Ltd. : 7.14%
5 stocks with a dividend yield of more than 7% (source:Screener.In) :
7 replies on “5 stocks with a dividend yield of more than 7%”
I think Clariant and Timken were one off dividends and will not be repeated so we cannot consider them to be such high yields. MPS Ltd and Banaras Beads seem to be higher yield plays and maybe Aarti Inds/Aarti Drugs
Thanks for your insight.
Hi,
Timken’s yield is high probably because of a one time dividend. Out of the others, are you long on any of the scrips?
Best,
DV
I try avoiding talking my own book here !Readers should make their own judgement calls…
UCO Bank has yield of 7.67%? How exactly?
Its current share price is hovering around Rs 67 and the dividend it gave out was Rs 3. Works out to be less than 5%. No?
You are right…it works out to less than 5%.Mea Culpa, should have verified the Screener results before putting it up on the blog
There are some bugs in screener. For one company i have a conflicting points in pros and cons. In pros it is showing promoter stake is increased and in cons it is showing promoter stake is decreased.