Best Dividend Yield Stocks

With today’s Carnage in the Market, Fund Managers are back to the old school of thought, valuation based investing – Dividend Discount Model, etc. We are presenting you with some of the best dividend yielding stocks. However, for an Individual and Retail investor, we do not recommend BUYING them just for this purpose, but you can continue to hold if you already own them.

Dividend Yield from Nifty Stocks:
Ambuja Cem. 4.80%
Hind. Unilever 4.55%
ACC 3.96%
ONGC 3.92%

Dividend Yield from Midcaps:
Andhra Bank 7.67%
Allahabad Bank 6.53%
HCL Infosystems 6.17%
Vijaya Bank 6.12%
Bank of Mah. 6.06%
Syndicate Bank 5.77%
Castrol India 5.52%
Ashok Leyland 5.50%
Gateway Distripark 5.24%
Binani Cement 5.11%

Dividend Yield from SmallCaps:
Ador Welding 8.88%
Varun Industries 8.32%
Grindwel Norton 7.83%
Solvay Pharma 7.30%
Wyeth 7.29%
Helios Matheson 7.11%
Varun Ship. Co. 7.11%
JK Paper 6.98%
MIRC Electronics 6.85%

Kindly excuse me for excluding OIL Marketing companies since their stock price may slide substantially, thus destroying your wealth.