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NSE High Yield Dividend Stocks

High yield investment strategy can be a profitable strategy. This indicates undervaluation of the stock because the stock's dividend is high relative to the stock price. These investment strategy is a particularly sought after by income and value investors. These stocks also tend to outperform for yield and no yield stocks during the market crises. The reason behind it is, many investors consider dividend paying stocks to be less risky. In this article I have explained some Indian dividend stocks that have high yield above 6 percent.

Zylog Systems Ltd. (NSE: ZYLOG) -

This is an Indian-based company. It offers value-added research and development, product engineering and end-to-end product lifecycle management solutions. It assumes its revenues principally from software development services, consultancy services, and project and e-governance projects. On March 31, 2012, it had nine subsidiaries which include Zylog Systems (Europe) Limited, VishwaVikas Services Limited, Zylog Systems (India) Limited, Zylog Systems Asia Pacific Pte Ltd. On February 1, 2012, Zylog Systems Ltd incorporated a subsidiary, Zylog Systems M.E FZE at Dubai.

It has a market capitalization of 955.54 Million, EPS is 51.84, P/E ratio is 0.56 and the dividend yield is 17.21% at the annual dividend payout of 5.00.

Thirumalai Chemicals Ltd. (NSE: TIRUMALCHM) -

Thirumalai chemicals Limited company is engaged in the business of manufacturing and selling chemicals. It is based in India. It provides services to both domestic and international markets. The company has its two operating segments: Chemicals and Power Generations. Its products include Maleic Anhydride, Fumaric Acid, Malic, Pathalic Anhydride, L (+) Tartaric Acid, Specialty Chemicals and Diethyl Phthalate (NYSE:DEP). Its distributions network is in India, Asia, North America and Europe. The subsidiaries of the company include Tarderiv international Pte Ltd, Cheminvest Pte Ltd. and Optimistic Organic Sdn Bhd. (OOSB).

Cosmo Films Limited. (NSE: COSMOFILMS) -

It is an Indian company which is principally engaged in the manufacturing of bi-axially oriented polypropylene (BOPP) film and synthetic paper. Cosmo is also engaged in the manufacturing of thermal lamination machines. The company operates in two segments: Packaging Films and others. On The March 31, 2010, it had installed capacity to produce 1, 16,200 metric tons of BOPP film and synthetic paper. On June 2009, the company acquired BGC's commercial Print Finishing Business, from ACCO Brands Corporation of United States of America.

Cosmo Films Limited Company has a market capitalization of 1.12 Billion, EPS is 10.92, P/E ratio is 5.25 and the dividend yield is 8.71% at the annual dividend payout of 2.50.

JBF Industries Ltd. (NSE: JBFIND) -

JBF industries Limited Company is the manufacturer of polyester chips and polyester partially oriented yarns in India. The company has two operating segments based on geographic: first Domestic, which includes the operations within India. The second geographical segment is International which includes the operations outside India. Its business segments are Polyester Film and Other Polyester products. The company's product range includes bottle grade PET and fully draw yarn. At the present time the company is one of the leading Polyester value chain companies not only in India but also in abroad.

Cybertech Systems and Software Ltd. (NSE: CYBERTECH) -

Cybertech Systems and Software limited company is an Indian-based company. It provides geospatial, networking and enterprise information technology (NYSE:IT) solutions. It also provides professional consulting services in the practice areas such as service access point (NYSE:SAP), which include ERP application providers; geographical information system (NYSE:GIS). It is based on ESRI software technologies; network services, which is based on Cisco Systems technologies and custom technologies, which include Microsoft, Oracle and IBM.

The company has a market capitalization of 332.22 Million, EPS is 4.25, P/E ratio is 2.95 and the dividend yield is 7.97% at the annual dividend payout of 1.00.

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