Investing for dividend yield in India is a minefield. But dividend yield investing in India, like value investing, is a minefield. Special dividendsMost stock screeners calculate dividend yield by dividing a company’s latest annual dividend per share by its latest stock price. Strip this out from its average dividend per share for the last five years, to calculate the sustainable dividend yield. There’s no point in investing in a ‘dividend yield’ candidate where governance risks can decimate your wealth faster than dividend pay-outs can add to it.

Source: The Hindu October 20, 2019 16:07 UTC