High dividend-yield stocks

High dividend-yield stocks offer a safe haven to investors where safety is of greater priority compared to high returns. Hence, even if the market remains volatile, going ahead, an investor can still get a decent return on investment, thanks to good dividend yielding stocks. The dividends are paid no matter what direction the stocks move and can provide a higher yield on investment in a weak market.

Company Name Ex Date Dividend Face Value CMP (06/07/2009) Dividend yield ( % )
Canara Bank 8/7/2009 80% 10 263.25 3.0
Cheviot Company 16/07/2009 60% 10 164.00 3.7
GIC Housing Fin 16/07/2009 40% 10 80.80 5.0
Hawkins Cookers 22/07/2009 200% 10 320.00 6.3
HEG HEG 8/9/2009 65% 10 190.35 3.4
Hyderabad Industries 16/07/2009 100% 10 248.00 4.0
JK Cements 20/07/2009 35% 10 97.20 3.6
Karur Vysya Bank 14/07/2009 120% 10 275.10 4.4
Mangalam Cement 8/7/2009 55% 10 115.00 4.8
NIIT Tech 17/07/2009 65% 10 101.70 6.4
Orient Paper 24/08/2009 150% 01 43.15 3.5
Tata Chemicals 14/07/2009 90% 10 213.15 4.2
VST Inds 10/7/2009 300% 10 404.00 7.4

ICICIdirect.com endeavours to provide objective opinions and recommendations. ICICIdirect.com assigns ratings to its stocks according to their notional target price vs. current market price and then categorises them as Outperformer, Performer, Hold and Underperformer. The performance horizon is two years unless specified and the notional target price is defined as the analysts’ valuation for a stock.

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