High Dividend Yield Stocks 2017 (Blue Chip Stocks With 9.5% Dividend Yield)

high dividend yield stocks

High Dividend Yield Stocks 2017 (Blue Chip Stocks With 9.5% Dividend Yield)
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Here is a table of companies (CNX 500 stocks) that offer high dividend yield of 3.00% and above. The list includes blue-chip PSU stocks like Coal India, NDMC, NHPC, Rural Electrification, ONGC etc.

The dividend yield on on some of the blue-chip stocks is as high as 9.5%.

These are the best stocks to buy because they offer capital appreciation and also high dividend yield.

S. No

Company

Dividend CMO PE Dividend Yield

1

Coal India*

274 287.3 16.8 9.5%

2

NMDC

1100 134.6 14.9 8.2%

3

Sonata Software*

900 171.3 11.8 5.3%

4

Indiabulls Hous.*

2250 934.8 14.5 4.8%

5

NHPC Ltd

15 31.75 11.9 4.7%

6

Rural Elec.Corp.

85.5 182.8 5.9 4.7%

7

Power Fin.Corpn.

69.5 152.4 5.9 4.6%

8

MphasiS*

200 557.7 14.6 3.6%

9

Oil India

120 337.8 12.5 3.6%

10

IFCI

10 29.85 -20.5 3.4%

11

SJVN

11 35.1 10.3 3.1%

12

GE Shipping Co*

135 437.9 8.7 3.1%

13

O N G C

113.33 186.4 13.4 3.0%

*= Consolidated numbers




Normally, in buying high dividend yield stocks, there are not many risk factors that investors have to worry about. Most of the companies are large cap blue chip stocks with excellent management quality and good business models. Also, the Companies have a long track record of profitability and of paying dividends and so it is unlikely that they will stop giving high dividend yield. However, if there are any unforeseen circumstances that results in adeterioration in performance, it could affect dividend payouts and consequently the dividend yields.

In order to be eligible to receive the high dividend yield, investors have to ensure that they are shown in the register of shareholders on or before the date of book closure or the record dates for distribution of dividend.

In some cases, the shares are sold ex-dividend which means that the purchaser of the shares is not eligible to receive the dividend.

However, if the shares are sold cum-dividend, it means that the purchaser is eligible to receive the dividend. If the company does not pay him the amount, he is entitled to receive it from the seller of the shares.



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