What is dividend & ways to screen stocks?


Posted by: Invos Research
Published on: January 09, 2023
What is dividend & ways to screen stocks?

A dividend is a payment made by a corporation to its shareholders. It is typically paid out of the company's profits and is distributed on a regular basis, such as quarterly or annually. Dividends can be paid in cash or in the form of additional shares of stock.

There are several ways to screen for dividend-yielding stocks:

  1. Look for companies with a history of paying dividends: Companies that have consistently paid dividends in the past are more likely to continue paying dividends in the future.

  2. Consider the dividend yield: This is the annual dividend divided by the stock price. A high dividend yield may indicate that the company is generating strong cash flow and is able to pay out a larger portion of its profits to shareholders.

  3. Look for companies with a low payout ratio: This is the percentage of earnings that are paid out as dividends. A low payout ratio may indicate that a company has room to increase its dividends in the future.

  4. Consider the company's financial health: Look for companies with strong balance sheets and steady earnings growth. These companies are more likely to be able to sustain their dividend payments over time.

  5. Consider the company's industry: Some industries, such as utilities and telecoms, tend to have higher dividend yields.

Remember, past performance is not necessarily indicative of future results, and it is important to carefully evaluate the financial health and prospects of any company before investing. It is also a good idea to diversify your portfolio to reduce risk.

Table: Top dividend yielding stocks in Indian Market.

S.No.

Name

CMP Rs.

P/E

Mar Cap Rs.Cr.

Div Yld %

NP Qtr Rs.Cr.

Qtr Profit Var %

Sales Qtr Rs.Cr.

Qtr Sales Var %

ROCE %

Payout ratio %

Profit Var 3Yrs %

1.

RSWM Ltd

186.90

3.44

880.33

13.38

20.13

-55.02

953.79

0.08

18.20

23.91

94.45

2.

Banco Products

199.55

9.94

1427.15

10.02

51.73

5.08

627.92

14.40

23.54

93.82

30.07

3.

REC Ltd

125.55

3.22

33060.13

9.14

2732.12

1.48

9955.99

-0.92

9.11

30.11

20.37

4.

Coal India

214.95

5.07

132467.85

7.91

6043.99

106.07

29838.07

28.11

54.29

60.36

-0.18

5.

Natl. Aluminium

83.25

5.87

15289.96

7.81

170.12

-77.25

3489.57

-2.86

33.98

40.44

19.44

6.

Standard Inds.

34.35

1.23

220.97

7.28

1.45

-81.60

3.64

75.85

254.09

8.71

114.75

7.

GAIL (India)

98.45

5.49

64731.86

6.77

1304.61

-54.58

38680.36

77.77

23.30

36.23

22.25

8.

H U D C O

51.95

5.94

10399.87

6.74

396.31

7.00

1738.61

0.10

9.16

40.82

13.31

9.

Oil India

211.75

2.83

22962.28

6.73

2115.83

64.65

10123.74

39.56

21.55

27.49

11.83

10.

Oracle Fin.Serv.

3006.80

14.38

25974.18

6.32

397.75

-11.13

1376.03

7.42

36.03

86.75

10.87

11.

CESC

75.40

7.44

9994.80

5.97

319.00

-8.96

3913.00

11.99

12.75

44.14

4.51

12.

PTL Enterprises

34.85

17.08

461.33

5.74

8.89

-26.29

16.09

1.77

9.31

80.27

-5.98

13.

Power Grid Corpn

209.10

9.96

145856.72

5.62

3650.16

8.11

11150.57

8.61

11.48

61.16

9.38

14.

Tide Water Oil

999.25

14.25

1741.09

5.50

20.43

-36.16

448.02

13.69

21.71

76.07

8.23

15.

Rites

334.90

14.76

8047.71

5.08

140.20

-21.63

659.08

-13.91

30.16

79.11

3.12

S.No.

Name

CMP Rs.

P/E

Mar Cap Rs.Cr.

Div Yld %

NP Qtr Rs.Cr.

Qtr Profit Var %

Sales Qtr Rs.Cr.

Qtr Sales Var %

ROCE %

Payout ratio %

Profit Var 3Yrs %

16.

Swaraj Engines

1592.05

16.46

1933.46

5.02

35.88

6.25

384.75

11.98

49.68

88.72

9.60

17.

Glenmark Life

420.05

12.31

5146.75

5.00

106.88

-7.22

509.30

-9.34

42.25

61.46

28.82

18.

Steel City Sec.

61.05

7.21

92.23

4.91

3.23

-14.55

14.33

-13.52

18.35

32.80

15.37

19.

ICICI Securities

499.55

12.46

16126.96

4.80

300.41

-14.47

858.46

0.24

27.03

56.01

41.19

20.

IIFL Securities

64.25

7.42

1958.69

4.67

55.47

-23.01

316.61

5.88

32.38

29.79

20.30

21.

NHPC Ltd

39.30

10.24

39476.99

4.61

1685.81

14.99

3366.02

14.47

6.50

51.60

14.71

22.

Sarla Performanc

45.45

9.59

379.52

4.40

9.61

-35.48

115.58

9.66

13.60

35.29

22.75

23.

Nippon Life Ind.

250.50

23.76

15609.98

4.39

196.55

-1.92

308.98

1.64

29.69

96.21

14.39

24.

VST Industries

3200.40

14.15

4941.42

4.37

92.16

15.37

343.97

26.65

42.44

67.50

12.13

25.

MSTC

295.20

8.14

2078.21

4.37

63.67

124.98

174.97

-23.16

31.09

45.61

38.35

View the Complete List on Screener.