A total of 959 companies paid total dividend of Rs 15,472 crore in FY06, accounting for 25 per cent of the total net profit of Rs 60,827 crore posted in the given financial year.
Hawkins Cookers, quoting at Rs 83 on the BSE, trades at a dividend yield of 6 per cent.
The company paid a dividend of Rs 5 a share on net profits of Rs 4.03 crore in FY06. It posted a net profit of Rs 4.48 crore during the first nine months (April-December) of FY07. Allahabad Bank, Wyeth, Berger Paints and Cosmo Films are trading at a dividend yield of 5.5 per cent each.
Allahabad Bank, trading at Rs 72.70, paid a dividend of Rs 4 per share in FY06. The bank has posted Rs 624.41 crore net profit in the first nine months of FY07 against a net profit of Rs 706.12 crore in FY06.
Wyeth paid a dividend of Rs 25 per share on a net profit of Rs 67.72 crore in FY06, and is trading at Rs 455.30 on the BSE.
The company posted Rs 79.11 crore net profit in the nine months ended December 2006.
Chambal Fertilizers, Mangalore Chemicals and GNFC from the fertilizers sector, Menon Pistons, Ucal Fuel Systems and Samkrg Pistons from auto ancillaries, Bhuwalka Steel and Rathi Udyog from steel, B N Rathi Securities, Wall Street Finance and Indo Asian Finance from the financial sector offer dividend yield of over 4.5.
Power generation company, Neyveli Lignite offers a dividend yield of 4 per cent. The company had paid a dividend of Rs 2 per share in FY06, and is trading at Rs 50.40 on BSE.
Tube Investments, currently trading at Rs 53.85, offered a dividend yield of 8.7 per cent or Rs 4.70 per share in FY06.
