The stock market
in India is quite mature. It is also true that the country has the largest
investor base in the world after the US and Japan. Investors can invest in
shares, debentures, mutual funds and securities among other investment tools.
Investing in Indian dividend stocks is also beneficial for Non-Resistent Indians (NRI’s). They can invest
the Indian stock market under a Portfolio Investment Scheme that is regulated by Reserve Bank of India (RBI).
In this article
I'm sharing some Indian stocks with
dividends that can be helpful by creating an income portfolio.
ACC Limited (NSE:
ACC) –
ACC Limited
Company is a cement company. It is the largest producer of cement in India. The homebase is in Mumbai. The company is engaged in manufacturing of cement and also
involves in the manufacture of ready mixed concrete. In Karnataka, the company
has grinding plants and clinkering line in Maharashtra. In October 2012, it was amalgamated with ACC Concrete Limited and in November 2012, its subsidiary
Encore Cement and Additives Private Limited was amalgamated with it.
The company has a market
capitalization of 228.78 Billion, EPS is 56.27, P/E ratio is 21.65 and the
dividend yield is 2.46% at the annual dividend payout of 19.00.
Rolta India Limited (NSE:
ROLTA) –
Rolta India
Limited is an Indian-based company and was established in 1989. The company is
engaged in the engineering design/geospatial information system (GIS)
Solutions, E-Business and other information technology (IT) related services.
The company operates in three business segments: Enterprise Geospatial and
Defense Solutions (EGDS), Enterprise Design and Operation Solutions (EDOS) and
Enterprise Information Technology Solutions (EITS).
It has a market
capitalization of 9.75 Billion, EPS is 21.76, P/E ratio is 2.78 and the
dividend yield is 4.96% at the annual dividend payout of 3.00.
ISMT Ltd. (NSE: ISMTLTD) –
ISMT Ltd. is
based in India and is engaged in manufacturing seamless tubes and engineering
steels. The company makes carbon, alloy and martensitic stainless steel bars
with a special emphasis on ultra-clean steels, free machining steels, bearing
steels, and on other specially engineering steel grades. On May 28, 2012, the
company’s 40 megawatts Captive power plant commenced its commercial production.
The company has
a market capitalization of 1.38 Billion, EPS is 6.94, P/E ratio is 1.35 and the
dividend yield is 7.98% at the annual dividend payout of 0.75.
Polyplex Corporation Limited (NSE: POLYPLEX) –
Polyplex
Corporation Limited Company manufactures Biaxially Oriented Polyester Film for packaging,
electrical and other industrial applications which are used in the flexible
packaging industry. The company has manufacturing facilities in India, Thailand and
Turkey. The company’s business includes PET film, BOPP & CPP films,
silicone coating and extrusion coating business. In January 2013, it sold its
minority stake in its subsidiary, Polyplex (Americas) Inc. USA to another
Subsidiary.
It has a market
capitalization of 5.04 Billion and the dividend yield is 2.54 percent at the
annual dividend payout of 4.00.
IDBI Bank Limited (NSE:
IDBI) –
IDBI Bank
Limited is an Indian-based commercial bank that provides credit and other
facilities for the development of the fledgling Indian industry. The bank
operates in tree segments: Wholesale Banking, Retail Banking and Treasury
Services. It offers personalized banking and financial solutions to its clients
in the retail and corporate banking area through its network of branches and
automated teller machine. The bank also provides infrastructure financing for
structuring and financing of infrastructure projects in
the areas of power, telecom, roads, airports, seaports, railways and logistics,
as well as special economic zones (SEZs).
It has a market
capitalization of 111.22 billion and the dividend yield is 4.02% at the annual
dividend payout of 3.50.
For more
information about Indian
dividends please visit the site Dividend Investor.
