INSUBCONTINENT EXCLUSIVE:
NEW DELHI: At a time when the market has turned volatile, companies with strong track records of doling out dividends to investors can be
good investment bets.
For FY20 so far, analysts are expecting Nifty50 companies to deliver an aggregate dividend yield of 2.2 per cent
The highest yield is expected from the energy sector at 5.3 per cent and lowest from the pharma basket at 0.75 per cent
There are many cash-rich companies which have a history of declaring dividends generously
Six out of 50 Nifty companies are likely to deliver dividend yields in excess of 5 per cent
They include Coal India, Indiabulls Housing Finance, Vedanta, ONGC, IOC and HPCL
NAMEFY20e YIELD (%)Coal India +9.3Indiabulls HFL +7.3Vedanta+6.7ONGC+6.1IOC+5.7HPCL+5.3For the Nifty Midcap Index, analysts expect a
dividend yield of 1.8 per cent for FY20
Even in this space, the highest yield is expected from the energy basket at 2.95 per cent and the lowest from the communications stocks at
The outperformers in the midcap index are likely to deliver over 5 per cent yield and they could potentially be Nalco, Graphite India, HEG
and PFC.
NAMEFY20e YIELD (%)Nalco+10.1Graphite India+8.3HEG+8PFC+7
