ICICI Securities has come out with a report on High dividend yield stocks for August and September 2012. High dividend yield stocks offer a safe haven to investors where safety has greater priority compared to high returns. These are stocks which would declare their dividend within a month. You would be eligible to receive the dividend if you buy these shares before the mentioned ex-dividend date.
Below is the list of companies:
- Tamil Nadu Newsprint & Paper
- Munjal Auto Industries
- Gujarat Industries Power Company
- Neyveli Lignite
- HPCL
- Electrosteel Castings
- Titagarh Wagons
- PTC India
- Mangalore Chemicals & Fertilizers
- HEG
- Indian Oil Corporation
- IDBI Bank
- Unichem Laboratories
- Navneet Publications
The details are in the table below
