Recent stock market correction has left many stocks with attractive dividend yields which indicated a huge value (assuming of course that their earnings do not go down even if growth is slower). A list of the top 10 dividend yield companies is as follows. Remember that dividends are tax free in the hands of the investor and to compare yields to bank interest rates you need to remove a third from the bank rates.
Company Dividend Yield -%
ARI Consolidated 16.37
Hind.Housing Co. 15.95
Swastik Safe Dep 15.87
Ashirwad Capital 15.35
Disa India 14.80
Kanchan Intl. 14.79
Schrader Duncan 14.19
Hinduja Ventures 14.04
Assam Petrochem. 14.01
Allsec Tech 13.33
1 comment:
I like to share preferred dividend means being first in line for company assets in the event of liquidation.
Preferred Stock
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