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Moneycontrol.com >> Messageboard >> Stocks >> Man Industries >> 7% Dividend yield.
   You are here :     Moneycontrol     MMB    Stocks      Man Industries                         Most active discussions of 2006 , 2007 & 2008
7% Dividend yield. (9)   22-Jun-09 10:26Track this thread   Tracked by (0)  
Posted by:   jdosvd on ( 22-Jun-09 10:26 )
Price : BSE: Rs 43.10 ( 1.53 % ), NSE: Rs. 43.35 ( 1.76 % )
EGM of the company is presently on as I type and company has an hour back declared 30% dividend which works out to almost 7% dividend yield on the present market price.Yield is good and if the stock falls one should buy for better dividend yield.
However results are not yet out.

Promoters are also issuing themselves warrants at Rs 35 a share(lock in period--3 years) based on average 6 month price of the script at Rs 32.
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