Stocks of several well established companies with a regular dividend paying track record offer a yield which is better than that offered by fixed and short-term deposits. Apart from regular dividend, such stocks also offer the prospect of capital appreciation for the patient long-term investor. We dig deep to identify a few such stocks of healthy & well capitalized companies that offer high dividend yield & capital appreciation
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- Canfin Homes has been best in class HFC player with a robust business model & underwriting practice. Buy for target price of ₹870 (26% upside): ICICI Direct
- MCX is the leader in commodity derivatives exchanges in India with ~98% market share. Buy for target price of ₹6750 (15% upside): ICICI Direct
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