31st March 2012

Why Do I Keep Talking about Dividends again and again and again??? Well as they Say-The Market is the Final Judge, Jury and Executioner of any idea. So how have my Dividend High-Yielders List performed so far this Year? Very well I must say. A Portfolio built out of Only Dividend High-Yielders would have decisively Out-performed the Wider Sensex This Year once again continuing the Trend that has been in place since November 2009.

HOW DO YOU SPELL ROCKET??? 24 stocks are up more than 40% and the Stocks DENA BANK(84% UP) ,IFCI(82% Up) and BGR Energy have gone up like rockets(75% UP)!!! Other Big Gainers include Bajaj Steel,HCC,UCO Bank,Central Bank of India, Century Textiles, Reliance Capital,IDFC,India Infoline &Hexaware(All Up 50% or more). If you applied a Filter to my Dividend High Yielders List back on 1st January 2012;so that you bought only those stocks which would Yield in excess of 2%;you get 151 stocks. The Average Gain on those Stocks is 22.2%(Way Superior to the Sensex which is up only 12.2% in that time period) and the Average Dividend Yield is 3.7%. Of that list there are only three stocks which are down significantly RANE ENGINE VALVE (Down 12%), then we have RPG Lifesciences (Down 10%) and the Biggest loser is RIDDHISIDDHI GLUCO BIOLS (Down 22%). More importantly even today there are 126 stocks which are even today yielding in excess of 2% today. Not Happy with these Gains & the Yield??? If you applied a Filter to my Dividend High Yielders List back on 1st January 2012;so that you bought only those stocks which would Yield in excess of 4%;you get 66 stocks. [Not an Approach I recommend as you miss out on some really Amazing Stocks which Yield between 2 and 4%] The Average Gain on those Stocks is 23.1%(Way Superior to the Sensex which is up only 12.2% in that time period) and the Average Dividend Yield is 5.5%.

You would have had only three losers in total -CHENNAI PETROLEUM(Down 5%) ,ALKALI METALS (Down 3%) and RIDDHISIDDHI GLUCO BIOLS(Down 22%). More importantly even today there are 50 stocks which are even today Yielding in excess of 4% today. I know its still early days but from the stocks that are on my list today, the Picture on Dividends so far is quite good.[We will get a full and clear idea only by the end of June when more than 75% of the companies on the BSE would have paid out their entire Dividend Payout for 2012] Of the 52 stocks that have paid Full or Partial Dividends for 2012 already, only 27% have cut Dividends this year. 52% of the Stocks have raised Dividends so far this Year. When you see such a Decisive out-performance [Nearly Twice as better as the Wider Sensex and with much less risk; since you will always pocket the Dividends] you wonder Why on Earth should you chase Day-Day performance particularly in the so many useless Debt-laden stocks which don't pay any Dividends(and have never done so since they were listed) & are heavily dependent on Continuing Doses of Monetary Generosity from Global Central Banks??? Regards Ashish.Ulhas.Mehta Email:technoconsulting4smbs@gmail.com ORIGINAL DOCUMENT CAN BE FOUND HERE http://www.scribd.com/doc/87868739/Dividends-High-Yielder-Out-Performance-Continues-31stMarch-2012