Make A Stable Investment With Indian Stocks
The investors, who invest in stocks that pay regular dividends, always get good dividends. It is an excellent method to build up a stock portfolio and wealth over time. I would say that dividend paying stock strategy is one of the easiest ways which helps the investor to make a profit in the stock market. You should also focus on investing in Indian stocks. These stocks also offer good returns. Here are five Best high yield dividend India stocks to build an attractive stock portfolio.
Vinyl Chemicals (India) Ltd (NSE: VINYLINDIA)
Vinyl Chemicals (India) Ltd is an Indian-based company. It is engaged in the business of chemicals. The company is principally engaged in trading of vinyl acetate monomer (VAM). It operates in one single segment which is trading in chemicals. The company also sells various chemicals mainly to textile, paints and adhesive sectors. VAM is manufactured in the plant located at Mahad in Raigad Dist, Maharashtra, India.
The company has a market capitalization of 184.29 Million, EPS is 3.10, P/E ratio is 3.24 and the dividend yield is 7.96% at the annual dividend payout of 0.80.
IVP Ltd (NSE: IVP)
The company is engaged in manufacturing and exporting of foundry chemicals, casting and allied products. Its foundry chemicals division is engaged in the development and manufacture of a range of foundry chemicals. The company's water based coating includes alumino silicate/graphite base, graphite base, zircon base, and zircon / graphite base. The company manufactures cast iron inoculants for automotive industries. It also includes barium based Ferro silicon inoculants, zirconium/manganese based inoculants and strontium based inoculants.
It has a market capitalization of 343.86 Million, EPS is 4.29, P/E ratio is 7.76 and the dividend yield is 4.50% at the annual dividend payout of 1.50.
Manali Petrochemicals Ltd (NSE: MANALIPETC)
Manali Petrochemicals Limited is an Indian-based company. It is engaged in the manufacture and sale of propylene oxide (PO), propylene glycol (PG) and polyols (PY), which are used an industrial raw materials. The company is operating in a single statement, manufacturing of petrochemicals. Its product portfolio includes intermediates, commodity and specialty products with a range of applications. During the fiscal year ended March 31, 2012, the company produced 29,000 million tons of PO, 16,000 million tons of PG and 16,000 million tons of Polyols and 5000 million tons of System Polyol.
It has a market capitalization of 1.39 Billion, EPS is 2.32, P/E ratio is 3.49 and the dividend yield is 6.17% at the annual dividend payout of 0.50
Plastiblend India Ltd. (NSE: PLASTIBLEN)
Plastiblends India Limited is an India-based company. It is a manufacturer and exporter of Master batches and additive compounds for the plastic processing industry. It produces a range of while, black, color and functional master batches, additives and compounds suitable for plastic processing types. During the fiscal year ended March 31, 2012, the masterbatches developed by the company. It includes polyclear and polynuc, polyultra, antimicrobial masterbatches, poly rodent and polyfr.
The company has a market capitalization of 884.28 Million, EPS is 12.04, P/E ratio is 5.65 and the dividend yield is 5.14% at the annual dividend payout of 3.50.
Kanoria Chemicals & Industries Limited (NSE: KANORICHEM)
It is an India-based company. KCI Limited is engaged in manufacturing and marketing of chemical intermediaries. The company operates in Also Chemicals segment. During the fiscal year ended March 31, 2012, the company commissioned 5,600 tons per annum (TPA) Hexamine plant at Vishakhapatnam in the state of Andhra Pradesh, and enhanced the Hexamine capacity at Ankleshwar by 2,000 TPA. With this the Company's combined Hexamine manufacturing capacity at both locations by marketing it 11,600 TPA.
The company has a market capitalization of 1.38 Billion, EPS is 1.49, P/E ratio is 19.52 and the dividend yield is 5.17% at the annual dividend payout of 1.50.
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