I prefer the following stocks especially for the month of March because the dividend yields of these companies are pretty good.
Dividend yield: The dividend yield or the dividend-price ratio on a company stock is the company's annual dividend payments divided by its market cap. For example the price of ‘A’ is Rs.20 and dividend yield is 5% whereas the price of ‘B’ is 40 but the dividend yield is 2.5%, if all the other factors are same, the investors prefer ‘A’ to ‘B’
HEG LIMITED (Rs.201.00): HEG Limited is the largest producer of graphite in India.
The annual production of the company is about 66,000 metric tons. Face value of the share is Rs.10. The dividend yield is 5.1%
NIIT TECHNOLOGIES (Rs.186.00): NIIT Technologies is software firm that makes various kinds of different softwares to various sectors such as banking and financial services, travel and logistics manufacturing, retail sector etc.
The face value of the share is Rs.10 and Dividend yield is 3.82%
| Year | Percentage |
| March 2010 | 70 |
| March 2009 | 65 |
| March 2008 | 65 |
| March 2007 | 65 |
BAJAJ HOLDINGS&INVEST LIMITED (Rs.754.95): This Company is actually de merged from Bajaj auto.
This share is included in the NBFC (Non Banking Financial Companies) category. Face value is Rs.10 and Dividend yield is 4.07%
-
Year
Percentage
2010
300
2009
100
2008
200
2007
400
Regards Hari " लोका समस्ता सुखिनो भवन्तु "
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