Jupiter Bioscience company is a pharmaceutical manufacturing company listed on both BSE and NSE having manufacturing unit located in Bidar, Karnataka..The dividend yield is Rs. 10.08 on the basis of current market price as on 01.07.2011 and the last dividend declared is 20%. The company is having reserves & surplus as on 31.03.2010 Rs. 1307.60 crores against the sharecapital of Rs.16.19 crores. The earlier dividends declared bythe company were 20% and 20% in 2009 and 2008 respectively and the company ishaving good back ground of declaring consistent dividend payoutsduring last 5 years. Hence atleast 20 % dividend is expected during the year will give good yield by acquiring shares at every fall in coming days.
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