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FINANCIAL CHRONICLE™ » FINANCIAL CHRONICLE™ » Best Dividend paying stocks in CSE

Best Dividend paying stocks in CSE

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21Best Dividend paying stocks in CSE - Page 2 Empty Re: Best Dividend paying stocks in CSE Fri Mar 15, 2013 9:47 am

keeper


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Why LLUB? cyclops

22Best Dividend paying stocks in CSE - Page 2 Empty Re: Best Dividend paying stocks in CSE Fri Mar 15, 2013 9:51 am

traderathome


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Did'nt you notice UML.N EPS 19/-Rs 2011/12 (3+6)

Already 2012/13 9 Months Ending EPS @ 19/- With 3Rs Interim & Final Expected Rs6/- or perhaps 7Rs to make double digits.

Very Happy

CMP trading below NAV of the company ....isnt that something how this company has managed to give better dividends than the rest in trying market conditions thanks to the SLGOVT.
TAH

23Best Dividend paying stocks in CSE - Page 2 Empty Re: Best Dividend paying stocks in CSE Fri Mar 15, 2013 9:55 am

traderathome


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
So UML beauty shine on me very soon cheers

You are trading @ PE 4.5~5 times ...show me the money @ 125 min. Cool

TAH

You have got stuck me @ 100 Basketball

24Best Dividend paying stocks in CSE - Page 2 Empty Re: Best Dividend paying stocks in CSE Fri Mar 15, 2013 10:17 am

Backstage


Moderator
Moderator
So TAH you are not a techie anymore eh ? been noticing your comments on NAV ,EPS ect in the last few weeks, necklines, fibonachchi ehema ko bung ?

25Best Dividend paying stocks in CSE - Page 2 Empty Re: Best Dividend paying stocks in CSE Fri Mar 15, 2013 10:21 am

rainmaker


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Best dividend paying stock is Capital Maharaja followed by Divasa Capital pvt ltd. Some of the unit trusts pay 1/- with the unit price at 10-15

26Best Dividend paying stocks in CSE - Page 2 Empty Re: Best Dividend paying stocks in CSE Fri Mar 15, 2013 10:45 am

traderathome

traderathome
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@Backstage wrote:So TAH you are not a techie anymore eh ? been noticing your comments on NAV ,EPS ect in the last few weeks, necklines, fibonachchi ehema ko bung ?
ahha Very Happy no no i am ....today i posted few charts on HPP for CSD.N holders ......

SEYB.X is on nice reversal HnS CMP of 35 is a good entry imo. for Rs 15 Target should it hold nicely in upcoming weeks..... Very Happy

Disc:Not Holding SEYBX atm.

27Best Dividend paying stocks in CSE - Page 2 Empty Re: Best Dividend paying stocks in CSE Fri Mar 15, 2013 11:04 am

The Alchemist


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@rainmaker wrote:Best dividend paying stock is Capital Maharaja followed by Divasa Capital pvt ltd. Some of the unit trusts pay 1/- with the unit price at 10-15

What is the stock code ? are they listed on CSE ?

28Best Dividend paying stocks in CSE - Page 2 Empty Re: Best Dividend paying stocks in CSE Fri Mar 15, 2013 11:06 am

Redbulls

Redbulls
Director - Equity Analytics
Director - Equity Analytics
For me NEST DY ( Bought in year 2005)
For the FY 2011 around 44%
For the FY 2012 27%+ waiting for the final

So calculating dividend yield in the current market price is absurt.
Go for the history of ROE,EPS,DP the decide what you need to do.

29Best Dividend paying stocks in CSE - Page 2 Empty Re: Best Dividend paying stocks in CSE Fri Mar 15, 2013 11:07 am

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics

Also why are they higher dividend yield than some shares mentioned here?


@The Alchemist wrote:
@rainmaker wrote:Best dividend paying stock is Capital Maharaja followed by Divasa Capital pvt ltd. Some of the unit trusts pay 1/- with the unit price at 10-15

What is the stock code ? are they listed on CSE ?

30Best Dividend paying stocks in CSE - Page 2 Empty Re: Best Dividend paying stocks in CSE Fri Mar 15, 2013 11:17 am

traderathome

traderathome
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@Redbulls wrote:For me NEST DY ( Bought in year 2005)
For the FY 2011 around 44%
For the FY 2012 27%+ waiting for the final

So calculating dividend yield in the current market price is absurt.
Go for the history of ROE,EPS,DP the decide what you need to do.
RB

For an Investor seeking the Dividend Yield will go by todays Market Price as he will decide to invest in current market conditions....Since NEST has appreciated alot since it got listed , the newcomers would compare based on todays price.

At the same time i think what the new fellows should do is to go by NAV & EPS know .... Rolling Eyes

31Best Dividend paying stocks in CSE - Page 2 Empty Re: Best Dividend paying stocks in CSE Fri Mar 15, 2013 11:24 am

Redbulls

Redbulls
Director - Equity Analytics
Director - Equity Analytics
@traderathome wrote:
@Redbulls wrote:For me NEST DY ( Bought in year 2005)
For the FY 2011 around 44%
For the FY 2012 27%+ waiting for the final

So calculating dividend yield in the current market price is absurt.
Go for the history of ROE,EPS,DP the decide what you need to do.
RB

For an Investor seeking the Dividend Yield will go by todays Market Price as he will decide to invest in current market conditions....Since NEST has appreciated alot since it got listed , the newcomers would compare based on todays price.

At the same time i think what the new fellows should do is to go by NAV & EPS know .... Rolling Eyes

Certainly, no doubt.
For me I'll insisist ROE also to be taken into consideration.
But remember the phrase that most of the investment companies use.
"Past performance is not a guide to what might happen in the future. The value of investments and the income from them can go down as well as up so you may get back less than you invested."

32Best Dividend paying stocks in CSE - Page 2 Empty Re: Best Dividend paying stocks in CSE Fri Mar 15, 2013 11:29 am

traderathome

traderathome
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Thanks Very Happy

I am able to comment across the forum as today being weekend holiday in this part of the world.....

hurray my TPL shares gained 2 bucks so far and that the only one in GREEN all others underwater Razz

33Best Dividend paying stocks in CSE - Page 2 Empty Re: Best Dividend paying stocks in CSE Fri Mar 15, 2013 11:39 am

The Alchemist


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@Redbulls wrote:
@traderathome wrote:
@Redbulls wrote:For me NEST DY ( Bought in year 2005)
For the FY 2011 around 44%
For the FY 2012 27%+ waiting for the final

So calculating dividend yield in the current market price is absurt.
Go for the history of ROE,EPS,DP the decide what you need to do.
RB

For an Investor seeking the Dividend Yield will go by todays Market Price as he will decide to invest in current market conditions....Since NEST has appreciated alot since it got listed , the newcomers would compare based on todays price.

At the same time i think what the new fellows should do is to go by NAV & EPS know .... Rolling Eyes

Certainly, no doubt.
For me I'll insisist ROE also to be taken into consideration.
But remember the phrase that most of the investment companies use.
"Past performance is not a guide to what might happen in the future. The value of investments and the income from them can go down as well as up so you may get back less than you invested."

@ Redbulls - Re NEST : When Price to Book Ratio is over 20 times, ROE Better be high ! In other words, just as important as a high ROE is, it is attractive only when your Price to Book Value Ratio is relatively low. Otherwise meaningless and as Warren Buffet says, you pay a high Price for a cheery consensus !

34Best Dividend paying stocks in CSE - Page 2 Empty Re: Best Dividend paying stocks in CSE Fri Mar 15, 2013 11:51 am

rainmaker


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
What is the future of NEST given that the govt has invested billions in the milk industry? I know the biggest milk producer in Kandy and he was saying things will change. We'll see

Same for LMF

35Best Dividend paying stocks in CSE - Page 2 Empty Re: Best Dividend paying stocks in CSE Fri Mar 15, 2013 2:17 pm

Redbulls

Redbulls
Director - Equity Analytics
Director - Equity Analytics
@The Alchemist wrote:
@Redbulls wrote:
@traderathome wrote:
@Redbulls wrote:For me NEST DY ( Bought in year 2005)
For the FY 2011 around 44%
For the FY 2012 27%+ waiting for the final

So calculating dividend yield in the current market price is absurt.
Go for the history of ROE,EPS,DP the decide what you need to do.
RB

For an Investor seeking the Dividend Yield will go by todays Market Price as he will decide to invest in current market conditions....Since NEST has appreciated alot since it got listed , the newcomers would compare based on todays price.

At the same time i think what the new fellows should do is to go by NAV & EPS know .... Rolling Eyes

Certainly, no doubt.
For me I'll insisist ROE also to be taken into consideration.
But remember the phrase that most of the investment companies use.
"Past performance is not a guide to what might happen in the future. The value of investments and the income from them can go down as well as up so you may get back less than you invested."

@ Redbulls - Re NEST : When Price to Book Ratio is over 20 times, ROE Better be high ! In other words, just as important as a high ROE is, it is attractive only when your Price to Book Value Ratio is relatively low. Otherwise meaningless and as Warren Buffet says, you pay a high Price for a cheery consensus !

Million time you are correct. NEST an example I offered to the DY.
For me the selection vary to counter to counter.
Some times we need to see the top 20 list, Foreign holding, etc etc to come for a decent decision.
Share trading /investing is not like going to a shop and pick a stuff. (Which most of our novices lack knowledge on that)

36Best Dividend paying stocks in CSE - Page 2 Empty Re: Best Dividend paying stocks in CSE Fri Mar 15, 2013 3:19 pm

hasintha

hasintha
Senior Equity Analytic
Senior Equity Analytic
HSIG anyone?

http://hasi-journal.blogspot.com

37Best Dividend paying stocks in CSE - Page 2 Empty Re: Best Dividend paying stocks in CSE Sat Mar 16, 2013 5:12 am

sriranga

sriranga
Co-Admin
To facilitate to calculate the Dividend Yield and to study the dividend history,
Last traded price as at 15/03/2013 and Dividend announced for the last 6+ years , uploaded in the research section.
http://research.srilankaequity.com/t691-cse-quoted-company-s-dividend-history-updated-on-15-03-2013#789

Note:
Any error or omission, please kindly notify to update my records.
Thanks in advance.

http://sharemarket-srilanka.blogspot.co.uk/

38Best Dividend paying stocks in CSE - Page 2 Empty Re: Best Dividend paying stocks in CSE Sat Mar 16, 2013 7:32 am

K.Haputantri

K.Haputantri
Co-Admin
Thanks Shri for sharing. By the way I have a question in calculating DY. As you are aware, DY changes as the price changes every day. ?Does that mean that we have to calculate it daily.

39Best Dividend paying stocks in CSE - Page 2 Empty Re: Best Dividend paying stocks in CSE Sat Mar 16, 2013 8:15 am

Fresher


Moderator
Moderator
@K.Haputantri wrote:Thanks Shri for sharing. By the way I have a question in calculating DY. As you are aware, DY changes as the price changes every day. ?Does that mean that we have to calculate it daily.

if you want to know the Dividend yield for comparing with other companies, then you should take the last traded price for all companies. Same goes with calculation P/E, P/BV as well. These are price related.

40Best Dividend paying stocks in CSE - Page 2 Empty Re: Best Dividend paying stocks in CSE Sun Mar 17, 2013 3:46 am

Redbulls

Redbulls
Director - Equity Analytics
Director - Equity Analytics
npp wrote:
@K.Haputantri wrote:Thanks Shri for sharing. By the way I have a question in calculating DY. As you are aware, DY changes as the price changes every day. ?Does that mean that we have to calculate it daily.

if you want to know the Dividend yield for comparing with other companies, then you should take the last traded price for all companies. Same goes with calculation P/E, P/BV as well. These are price related.

Thanks Npp for the clarification and Sriranga for the link.

41Best Dividend paying stocks in CSE - Page 2 Empty Re: Best Dividend paying stocks in CSE Sun Mar 17, 2013 4:06 am

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics
Dividend Yield of a company = current price of share / Annual dividend for the rececnt year.

ex:
So yield will naturally change when share price changes. Nest was a 8% divicend company when share price was 600 . But now with Rs 1600 is is around 3% only.



@K.Haputantri wrote:Thanks Shri for sharing. By the way I have a question in calculating DY. As you are aware, DY changes as the price changes every day. ?Does that mean that we have to calculate it daily.

42Best Dividend paying stocks in CSE - Page 2 Empty Re: Best Dividend paying stocks in CSE Sun Mar 17, 2013 6:31 am

Harry82

Harry82
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
NDB
UAL
TPL
LFIN
JINS
CRL
SAMP

43Best Dividend paying stocks in CSE - Page 2 Empty Re: Best Dividend paying stocks in CSE Sun Mar 17, 2013 7:35 am

Fresher


Moderator
Moderator
@Redbulls wrote:
npp wrote:
@K.Haputantri wrote:Thanks Shri for sharing. By the way I have a question in calculating DY. As you are aware, DY changes as the price changes every day. ?Does that mean that we have to calculate it daily.

if you want to know the Dividend yield for comparing with other companies, then you should take the last traded price for all companies. Same goes with calculation P/E, P/BV as well. These are price related.

Thanks Npp for the clarification and Sriranga for the link.

I won't call the way you calculated the yield for NEST incorrect as such. You are getting a high yield on your then investment at the moment (although it is not actually the dividend yield). The point is, you are sitting on a huge unrealized capital gain at the moment, and if you realize that profit and invest in another company with higher div yield, you will get a higher absolute dividend.

44Best Dividend paying stocks in CSE - Page 2 Empty Re: Best Dividend paying stocks in CSE Sun Mar 17, 2013 8:24 am

Leon


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
npp wrote:LGL.X - last time it paid a dividend, at that price it was around 10% yield. Now 40% appreciation


We have only one year experience with LGL paying dividend if my memory is correct. So can we expect a dividend this year too?
Yes, on the other hand they have big investors like EPF hoping dividends..

45Best Dividend paying stocks in CSE - Page 2 Empty Re: Best Dividend paying stocks in CSE Sun Mar 17, 2013 8:33 am

Fresher


Moderator
Moderator
@Leon wrote:
npp wrote:LGL.X - last time it paid a dividend, at that price it was around 10% yield. Now 40% appreciation


We have only one year experience with LGL paying dividend if my memory is correct. So can we expect a dividend this year too?
Yes, on the other hand they have big investors like EPF hoping dividends..

LGL has paid 1.50/- dividend both in 2011 and 2012. On both occasions it was a payout of more than 50-60%
Given the 9 month interim report, they just might be able to pay around that amount this time too (might be same or bit less)

But looking at the cashflow, on both occasions, they had enough free cashflow to pay. In fact last year they had paid the whole of it while rolling on the debt. So far during the 9 years, they have a negative FCF mainly due to increase in receivables and increase in capital expenditure. So I say it depends on how the last quarter turns out to be.

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