Dividend Yield Monitor 2nd November 2024 by SBI Securities

The dividend yield is computed based on the closing price of 1st November 2024. We have considered companies that have consistently paid dividend in the last 3 years – i.e FY24/CY23, FY23/CY22and FY22/CY21. The * mark indicates data for CY23. The **mark indicates data for year ending Jun’23

Note
• Any deterioration in the operating performance of the company may impact future dividend payments. Hence, the current dividend yield is not indicative of continuation of the likely dividend payment in the future.
• All the ratios computed takes into account any impact of corporate actions such as stock split, bonus, etc.
• Adj. EPS is based on consolidated earnings wherever applicable.
• We have outstanding calls for Accelya Solutions, NMDC, Bank of Baroda, Union Bank, Gujarat Pipavav Port,REC, Coal India and Styrenix Performance
• Stovec Industries Ltd and Castrol Indiadividend is taken till Dec’23 as the company follows the calendar year end.
Hyundai Motor Indiadata is till FY23
Comments
• Vedantahas paid 5 interim dividends for FY23 amounting to Rs 101.5 per share or 10,150% of FV of Rs 1 per share.
• TV Today Networks has paid special dividend of 1,340% or Rs 67 per share for the year FY23. Total dividend paid for FY23 was at Rs 70 per share.
• Indian Oil Corp. has paid Rs 12 per share dividend for FY24 (Rs 5 interim and Rs 7 Final)
• Chennai petroleum corporation has paid Rs 55 per share asthe final dividend for FY24 unlike Rs 27 in FY23
• Shri Dinesh Mills has paid Rs 20 special dividend for FY24
• UTI AMC has paid Rs 23 per share as a special dividend
• MPS has paid an interim dividend of Rs 30 per share along with Rs 45 per share final dividend (Total Rs 75 per share) for FY24 unlike Rs 20 per share final dividend for FY23
• Styrenix Perfor. has paid 2,970% or Rs 297 per share (including Rs 192 per share special interim dividend) during FY22.
During FY23, it paid 1,040%or Rs 104 per share (including Rs 80 per share interim dividend).
• Uniphos Enter. has paid 325% (Rs 6.5 per share on FV of Rs 2) for FY23.
• IL&FS Investment Managers has paid Rs 0.7 per dividend for FY24 v/s 0.80 and Rs 0.40 per share for FY23/FY22
respectively.
• Stovec Industries Ltd has paid a special dividend of Rs 157 per share in CY23.
• Indian Metals & Ferro Alloys Ltd. has paid Rs 15 per share as a special dividend in FY24 in addition to Rs 15 per share (interim and final of Rs 7.5 per share each). In FY23/FY22, the dividend was paid at Rs 10.0/12.5 per share respectively.
• BPCL paid Rs 21 per share as interim dividend (total Rs 31.5 per share for FY24) v/s Rs 4.0/Rs 6.0 per share for FY23/FY22 respectively. The divided per share is adjusted against bonus (1:1) issued in Jun’24.
• DB Corp has paid 3 interim dividends amounting to Rs 13 per share v/s Rs 6.0 /Rs 5.0 for FY23/FY22 respectively.
• Goodyear India paid Rs 80 special dividend per share in FY22 on the occasion of completing 100 years of operation.
• GMDC has paid Rs 11.45 per share final dividend for FY24 v/s Rs 4.3 / 0.20 per share for FY23/FY22 respectively.
• MPS has paid Rs 45 per share dividend for FY24 v/s Rs 20 and Rs 30 per share for FY23 and FY22 respectively.
• Vardhman Acrylics Ltd. paid Rs 25 per share as interim dividend in FY22 v/s Rs 2.5 per share dividend for both years FY23 and FY24.