In terms of three years’ average dividend yield, Triveni Engineering and Industries Ltd. tops the chart among the BSE 500 companies. The company’s average dividend yield from the financial year 2003-04 to 2005-06 stood at a smashing high of 134.17 (their higher dividend yield figure of 275 in financial year 2003-04 being the main driver, as for FY 2005-06, the company recorded a dividend yield of 0.40 only). Construction and real estate company, Unitech Ltd., with an average dividend yield of 102.80, stands second in the list of BSE 500 companies. Triveni Engineering and Unitech have off ered aggregate dividends of Rs.0.50 and Rs.1.00 per share, respectively, in FY 2005-06.
For Complete IIPM - Article, Click on IIPM-Editorial Link
Source:- IIPM-Business and Economy, Initiative:- Prof. Arindam Chaudhuri - 2006
No comments:
Post a Comment